Concedo is pleased to announce the acquisition of a 25% interest in the Fenja and Vidsyn assets (PL 586 and PL 586 B) from Vår Energi. This transaction marks a major milestone for the company, increasing Concedo’s pro forma daily production in Q2 2026 from 1 200 to 3 200 boepd.
Including our 1st operated license!
Concedo received the operator pre-qualification letter from the Ministry of Energy on Thursday 16th October 2025. Final approval of Concedo as operator will be when Concedo obtains a production license as operator.
Concedo acquires a 25% interest in the Fenja and Vidsyn assets from Vår Energi
Concedo is pleased to announce the acquisition of a 25% interest in the Fenja and Vidsyn assets (PL 586 and PL 586 B) from Vår Energi. This transaction marks a major milestone for the company, increasing Concedo’s pro forma daily production in Q2 2026 from 1 200 to 3 200 boepd.
Operator pre-qualification
Concedo received the operator pre-qualification letter from the Ministry of Energy on Thursday 16th October 2025. Final approval of Concedo as operator will be when Concedo obtains a production license as operator.
Concedo with 15% in oil discovery in the Northern North Sea
Oslo, 26 March 2025 – DNO ASA, the Norwegian oil and gas operator, today announced an important oil and gas discovery in Northern North Sea license PL1182 S in which the Company holds a 40 percent operated interest.
