On 16 January 2024, INPEX Idemitsu Norge (IIN) was offered five production licenses as part of Awards in Predefined Areas (APA) 2023.
The offer includes operatorship in PL 1217 and partner shares in PL 1194 B, PL 1231 and PL 1233. The licenses are located in the northeastern North Sea and in the Norwegian Sea.
IIN holds license equity in numerous licenses in the northern Norwegian Sea, northern North Sea and Barents Sea. The company is involved in production operations at the Fram and Snorre fields in the northern North Sea, while actively promoting exploration activities. The five most recently awarded exploration licenses are expected to contribute to the further expansion of IIN’s business portfolio.