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NK Lukoil OAO Enters Norway's Narents Sea Shelf-Interfax


Thursday, 13 Jun 2013 03:08am EDT 

Interfax reported that NK Lukoil OAO (Lukoil) has entered the Norwegian Barents Sea shelf as the result of the 22nd Licensing Round announced by the Norwegian Ministry of Petroleum and Energy. Lukoil received a 20% interest in License PL708, where Sweden's Lundin Petroleum is operator with 40%, and Italy's Edison and Norway's North Energy each own 20%, Lundin said in a statement. The license included blocks 7130/4 (part) and 7130/7. Lukoil also received 30% of License PL719, which includes blocks 7321/8 and 7321/9, which are 100 km north of the Skrugard and Havis fields. 

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