DNO ASA has been awarded participation in 17 exploration licenses offshore Norway below the nation’s APA 2025 licensing spherical, persevering with the corporate’s energetic exploration and growth technique on the Norwegian continental shelf.
The licenses, awarded to wholly owned subsidiary DNO Norge AS, embody 4 operatorships. Fifteen of the brand new licenses are situated within the North Sea, with the remaining two within the Norwegian Sea.
DNO mentioned the awards strengthen its place in core areas the place it has delivered a industrial exploration success price of greater than 50% over the previous three years, recording 12 discoveries from 22 wells drilled. The corporate at the moment has 4 area developments underway in Norway, together with the fast-track Kjøttkake discovery, which is focusing on first oil in early 2028. Three further growth tasks are anticipated to be submitted for approval this 12 months.
Previous to the APA 2025 awards, DNO held pursuits in 124 licenses offshore Norway, together with 30 producing oil and gasoline fields. The corporate mentioned the brand new acreage helps its technique of advancing discoveries quickly from exploration to manufacturing.
