Key Takeaways EQNR won 35 licenses in the 2025 APA round, spanning the North Sea, Norwegian Sea and Barents Sea.Equinor will operate 17 licenses, with 21 in the North Sea, 10 in the Norwegian Sea and four in the Barents.EQNR plans 20-30 exploration wells yearly and targets six to eight subsea developments annually through 2035.Equinor ASA (EQNR) secured 35 new production licenses from the Ministry of Energy in the 2025 APA licensing round. These licenses grant the company new acreage in the North Sea, Norwe ...