ConocoPhillips has been granted an extension by the Ministry of Petroleum and Energy (MPE) for operated production licenses in the Greater Ekofisk area offshore Norway to 2048.
The company is finalizing the plan for development and operation of the Eldfisk North project, expected to be submitted “shortly,” said Jan-Arne Johansen, general manager of operated assets Europe, in an Apr. 19 release.
The existing production licenses 018, 018 B, and 275 in the oil and gas province in the southwestern part of the North Sea were set to expire on Dec. 31, 2028.
In addition to Ekofisk field, the area consists of producing fields Eldfisk, Embla, and Tor (OGJ Online, Dec. 3, 2020).
ConocoPhillips Skandinavia AS is operator with 35.11 % interest. Partners are TotalEnergies EP Norge AS 39.896 %, Vår Energi AS 12.388%, Equinor Energy AS 7.604%, and Petoro AS 5%.
