The Norwegian government announced the results of the 22nd licensing round, where RWE Dea Norge was awarded an 40% share in the PL721 license. The license is located in the north-west region of the Barents Sea.

“This is an exciting prospect. Exploration is moving northwards in the Barents Sea, and the license is a promising addition to our portfolio”, says John Clark, Exploration Manager of RWE Dea Norge.

“We are pleased to have been awarded the operatorship in this license, which increases our presence in the western region of the Barents Sea. RWE Dea Norge is seeking to strengthen and expand our license portfolio, whilst continuing to develop our current licenses as operator or partner”, says Hugo Sandal, Managing Director of RWE Dea Norge. “We are very appreciative that the Ministry of Petroleum and Energy recognizes this by awarding us operatorship on this exciting new license and we are glad to be one of 13 companies awarded operatorship in the region in this round.”

Tags: RWE Dea Norge AS