Equinor Secures 35 New Licenses to Boost Norwegian Shelf Exploration
Equinor has been awarded 35 new production licenses on the Norwegian continental shelf (NCS) as part of Norway’s 2026 Awards in Predefined Areas (APA) licensing round, the company said Tuesday. The licenses span the North Sea, Norwegian Sea, and Barents Sea, with Equinor named operator on 17 of them. The new acreage strengthens Equinor’s exploration pipeline at a time when Norway’s offshore sector is under pressure to offset natural production decline while maintaining stable energy supplies to Europe. T ...