The Norwegian Petroleum Directorate(NPD) has granted Faroe Petroleum Norge a drilling permit for a new North Sea well.
A NPD spokesperson said: “The area in this licence consists of parts of blocks 31/7 and 30/9. Production licence 740 was awarded in APA 2013, 7 February 2014. This is the first well to be drilled in the licence.”
Transocean Arctic drilling facility will drill the well at position 60°25’31.55″N and 3°1’28.23″E in production licence 740.
Faroe Petroleum Norge AS is the operator with an ownership interest of 50% and Core Energy AS is a licensee with 50%.