TOKYO – INPEX Norge has been awarded two licenses under Norway’s APA 2020 licensing round.
PL 1130 in the Nyk High area of the northern Norwegian Sea will be the company’s first operated project. The location is around 250 km (155 mi) offshore, in water depths ranging from 600-1,600 m (1,968-5,249 ft).
PL 1129 is in the Skoll High area of the northwestern Norwegian Sea, and like PL 1130, in the Vøring basin.
This license is 400 km (248 mi) offshore, in a water depth of roughly 1,250 m (4,101 ft).
Lime Petroleum has secured interests in four new offshore licenses, including one with a discovery said to be ready for development.
Svein Kjellesvik, executive chairman, said: “PL263F Apollonia is a significant add-on to our existing 20% interests in the PL263D/E Apollonia licenses, where a gas discovery was made in 2020.
“PL263D/E/F Apollonia, together with the Falk/Linerle discovery in PL1125, have potential for possible commercial field development in the near future. The Shrek discovery in PL838, in which we hold a 30% interest, is also progressing towards a development decision.”
All licenses in LPA’s portfolio are in core areas close to infrastructure on the Halten Terrace and Nordland Ridge in the Norwegian Sea, and near the Utsira High area in the North Sea.