
Concedo completes acquisition of Fenja and Vidsyn
We are pleased to announce the completion of our acquisition of a 25% interest in licenses PL 586 and PL 586 B. The transaction has received all necessary approvals from Norwegian authorities.


We are pleased to announce the completion of our acquisition of a 25% interest in licenses PL 586 and PL 586 B. The transaction has received all necessary approvals from Norwegian authorities.

Joining OFFB (The Operator’s Association for Emergency Response) gives our team access to an experienced emergency response network as we prepare for future operations. We look forward to working closely with the team at OFFB and the rest of the operator community.

Concedo is pleased to announce the acquisition of a 25% interest in the Fenja and Vidsyn assets (PL 586 and PL 586 B) from Vår Energi. This transaction marks a major milestone for the company, increasing Concedo’s pro forma daily production in Q2 2026 from 1 200 to 3 200 boepd.
14/01/2025 Aker BP and its partner Concedo drilled the dry well 24/12-8 S near the Bøyla field in the North Sea.
The Norwegian Offshore Directorate:
14/01/2025 Aker BP and its partner Concedo drilled the dry well 24/12-8 S near the Bøyla field in the North Sea.
This well, “Rumpetroll South”, is a follow-up to the discovery made in well 24/9-13 – “Rumpetroll”, in 2019. The wells are located in production licence 869.
This production licence was awarded through awards in pre-defined areas (APA) 2016.
The well, which is the sixth in this production licence, was drilled by the Deepsea Nordkapp rig.
The objective of the well was to prove petroleum in Eocene reservoir rocks in the Balder Formation.
The well encountered the Balder Formation in a total of about 97 metres, 4 metres of which was sandstone with very good reservoir quality. A small quantity of non-producible gas was proven at the top of the reservoir. The well is classified as dry.
Well 24/12-8 S was drilled to a vertical depth of 2263 metres below sea level and was terminated in the Heimdal Formation in the Palaeocene.
The water depth is 118 metres. The well has been permanently plugged and abandoned.


