The Norwegian Offshore Directorate has confirmed the granting of a drilling permit to Equinor Energy AS for wells 34/8-20 S and 34/8-20 A, located in production license 554 E in the North Sea. North Sea. This step expands the company’s exploration operations in Norwegian in Norwegian waters and strengthens the energy company’s position as a key operator in the region.
The role of the COSL Innovator platform
For this drilling, Equinor will use COSL Drilling Europe’s COSL Innovator semi-submersible rig, capable of operating at depths of up to 750 meters. Drilling is scheduled to commence in August 2025, on schedule and under a contract that provides for extensions.
Likewise, the license 554 E was granted in February 2023 with a term until 2030. Equinor leads the consortium with a 40% interest, accompanied by Vår Energi and Aker BP with 30% each, evidencing a strategic collaboration for offshore exploration in the North Sea.
More details on the drilling permit
The authorization is based on Section 13 of the Resource Management Regulations, ensuring that the activities comply with established environmental and safety regulations.
With these wellsWith these wells, Norway strengthens its exploration agenda in the North Sea, in a context where the award of blocks during the APA 2025 round boosts offshore drilling activity.
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Source: Norwegian Offshore Directorate
Photo: COSL
