
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.

Our board members provide strategic guidance and governance oversight

Chairman of the Board

Chairman of the Board
Background & Experience
MD of Lundin Norway from start-up in 2004, leading it to become one of Norway’s best exploration companies. 30+ years’ E&P technical and management experience. Master’s degree in Engineering (geology, geophysics & mining engineering) from NTNU.

Director

Director
Background & Experience
Representative of Elliott, one of Concedo’s founding investors. 25 years of experience from financial markets advisory. Master’s degree in Business from Stockholm School of Economics.

Observer

Observer
Background & Experience
Petroleum economist at International Petroleum Corp. from 2018 until 2023. Drilling engineer in exploration department for Lundin Energy from 2012 until 2018. BSc degree in Mechanical Engineering from University of Southern California.