Project Profile
Location: Barents Sea, Norway
Licence expiry date: 21st June 2019
Start-up Year: -
PL 722 is a license located in Barents Sea, Norway. In August 2014, North Energy entered into an agreement with Det norske oljeselskap, whereby Det norske acquired North Energy\'s 10 per cent interest in PL 722. The licence was awarded in the 22nd licensing round, and is subject to a drill or drop decision in the second quarter of 2016.
Operators:
Statoil: Operator with 45% interest
Aker BP: 20% interest
Lundin: 20% interest
Dea Norge AS: 15% interest