PGNiG given two new production licenses for Norwegian coast

Polish energy company PGNiG has been awarded two exploration and production licenses on the Norwegian Continental Shelf, according to a statement by the company released to the press on Wednesday. On one of the projects, PGNiG has taken over 40 percent of the shares, meaning that it will become the main operator. The company reported that both drilling sites were located in the Norwegian Sea near the Skarv field. Conoco Philips and BP are the other primary oil and gas companies involved in the projects. “Our involvement in the activities on the Norwegian Continental Shelf is treated as extremely promising for the whole group […] and allowing [for] the import of Polish resources to the local deposits is one of the most important tasks of PGNiG,” Piotr Wozniak, PGNiG’s president, said in a statement. PGNiG already holds interests in 19 exploration and production licenses in Norway, including three in which it is the primary operator. Foreign oil companies such as PGNiG are granted drilling rights directly from the government of Norway. On Tuesday, it awarded 29 companies stakes in 56 exploration and production licenses. Of the allotted 36 concessions located in the North Sea and 17 in the Norwegian Sea.