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Equinor, Aker BP and PE-backed firms dominate APA 2018

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Norway awarded a record number of production licenses in the Jan. 15 Award in Pre-Defined Areas 2018 licensing round, with 33 companies offered operated stakes in 83 production licenses. Of the total licenses, 37 were awarded in the North Sea, 32 in the Norwegian Sea and 14 in the Barents Sea. The companies ranged from international players such as Shell, ConocoPhillips and Equinor, to regional and private equity-backed players like OKEA, Neptune Energy and......
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