DNO, the Norwegian oil and gas operator, has announced that its wholly-owned subsidiary DNO North Sea (UK) has been awarded a 50 per cent operated interest in Blocks 9/9f, 9/10c, 9/14c and 9/15d in UK 33rd Offshore Licensing Round.

 

Aker BP UK will hold the remaining 50 per cent in the licensed area.

 

The area is located adjacent to the Norwegian border and just west of the Aker BP operated Alvheim hub on the Norwegian Continental Shelf. The area also comprises the Agar discovery from 2018, in which the Company held a 25 percent interest until it was relinquished in 2020.

 

The technical work associated with the area will involve acquiring additional 3D seismic and potentially reprocessing the data to reduce risk and volume uncertainty. The first phase will have a duration of up to two years after which a decision on committing to a well will be made.--OGN/ TradeArabia News Service