License News


Norwegian Oil Licenses Value at $150b

Aug 19, 2026

The Norwegian government's direct ownership stakes in offshore oil and gas licences and infrastructure are valued at a total of 1.41 trillion Norwegian crowns ($150 billion), according to a survey published by the industry ministry on Wednesday…

Equinor Acquires Stake in Namibian Offshore Exploration License

Aug 18, 2026

Norway's Equinor said on Tuesday it has signed an agreement with a Chevron subsidiary to acquire a 17.4% stake in a petroleum exploration licence (PEL 90) in the Orange Basin offshore Namibia.'The transaction marks Equinor's entry into Namibia…

dCarbonX Ltd Receives Gas Storage License

Aug 13, 2025

The NSTA offered dCarbonX Ltd a license for gas storage in the East Irish Sea on August 11, 2025. The license allows dCarbonX Ltd to make progress towards seeking the necessary regulatory approvals required before gas storage operations can commence…

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