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Home Trading News Commodities

DNO wins 17 licenses in Norway’s APA round, maintaining rapid exploration pace

January 13, 2026
in Commodities
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DNO wins 17 licenses in Norway’s APA round, maintaining rapid exploration pace
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DNO ASA has been awarded participation in 17 exploration licenses offshore Norway underneath the nation’s APA 2025 licensing spherical, persevering with the corporate’s energetic exploration and improvement technique on the Norwegian continental shelf.

The licenses, awarded to wholly owned subsidiary DNO Norge AS, embody 4 operatorships. Fifteen of the brand new licenses are positioned within the North Sea, with the remaining two within the Norwegian Sea.

DNO stated the awards strengthen its place in core areas the place it has delivered a business exploration success charge of greater than 50% over the previous three years, recording 12 discoveries from 22 wells drilled. The corporate at present has 4 subject developments underway in Norway, together with the fast-track Kjøttkake discovery, which is concentrating on first oil in early 2028. Three extra improvement initiatives are anticipated to be submitted for approval this yr.

Previous to the APA 2025 awards, DNO held pursuits in 124 licenses offshore Norway, together with 30 producing oil and fuel fields. The corporate stated the brand new acreage helps its technique of advancing discoveries quickly from exploration to manufacturing.



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Tags: APADNOexplorationLicensesMaintainingNorwayspacerapidWins
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