en.Wedoany.com Reported - Norwegian oil and gas company Vår Energi has received a drilling permit from the Norwegian Offshore Directorate to drill wellbore 25/8-24 S in production license 1203 in the North Sea. The permit is valid from March 15, 2024, to the same date in 2030. Vår Energi, as operator, holds a 30% interest, while partners Equinor, DNO Norge, and Petoro hold 30%, 20%, and 20% stakes, respectively..

The well will be drilled using the COSLPioneer semi-submersible platform, built in 2010 and owned by COSL Drilling, which is designed to operate in water depths of up to 750 meters. Vår Energi recently exercised the third option for this platform, extending the contract until 2028. Drilling operations are expected to commence in August 2026. This drilling permit is one of several exploration activities Vår Energi is advancing on the Norwegian continental shelf.

Vår Energi's continued expansion of exploration activities on the Norwegian continental shelf reflects its strategy to maintain active operational capabilities in mature oil and gas regions. The North Sea, as a globally significant oil and gas province, continues to attract industry attention for its exploration activities. Vår Energi has maintained a consistently active exploration presence on the Norwegian continental shelf. The company previously received a drilling permit for wellbore 35/6-7 S in production license 929, which will be executed using another semi-submersible platform, the COSLProspector. Vår Energi stated that it will advance all drilling plans while ensuring safety.