Plan for development and operation for Nova approved01 Oct, 2018
The plan for development and operation (PDO) for the Nova field is now approved. Spirit Energy has a 20 percent ownership interest in the North Sea oil field.
Spirit will operate three of the licences awarded in the latest round, which marks the highest number of licences ever won in an APA round by Spirit.
Spirit Energy Exploration Director Steinar Meland said: “This is a great outcome and adds to our diversified exploration portfolio, designed to support our growth ambitions in Norway.”
Spirit Energy is gearing up the exploration activity on the Norwegian Shelf in 2018, and plans to drill four exploration wells during the current year.
Mr Meland said: “We have a strong exploration track record and will continue to explore for new oil and gas resources. New licences are important for us to continue to create value.”
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