The Ministry of Petroleum and Energy announced the Awards in Predefined Areas 2017.

"This is an outstanding result for VNG Norge and comes as a result of a strong collaboration effort, both internally as well as with our AMI partners. These awards will strengthen our portfolio and help grow our resource base", says Erling Bergfjord, Director Exploration.

VNG Norge has been awarded the following:

- PL 938:
VNG 40% (Operator)
ConocoPhillips 20%
Point 20%
ENGIE 20%

- PL 936:
VNG 40% (Operator)
Lundin 30%
Petrolia 30%

- PL 922:
Spirit 40%
VNG 20%
DNO 20%
Maersk 20%

- PL 920:
OMV 60%
VNG 40%

- PL 934:
Lundin 40%
Statoil 20%
VNG 20%

- PL 935:
Petoro 20%
ConocoPhillips 40%
VNG 20%
Lundin 20%
Petoro 20%

- PL 886B:
Lundin 40%
VNG 20%
Spirit 20%
Petoro 20%

- PL 914S (Ivar Aasen Unit):
Aker BP 34,7862%
Statoil 41,473%
Spirit 12,3173%
OKEA 0,554%
Wintershall 6,4615%
Lundin 1,385%
VNG 3,023%

A total of 75 licences were awarded to 34 different companies. The number of licenses is the highest ever awarded in a licensing round on the Norwegian continental shelf.
"Access to new, prospective exploration acreage is a central pillar in the Government's petroleum policy," says Minister of Petroleum and Energy, Mr. Terje Søviknes (Progress Party).

About VNG Norge

VNG Norge AS is a wholly owned subsidiary of Leipzig-based VNG – Verbundnetz Gas AG, and is responsible for the VNG Group’s oil and gas production. The VNG Group is active throughout the value chain of the German and European natural gas industry and focuses on the four key business areas of exploration and production, trading and services, transport, and storage.