LUKOIL Overseas North Shelf AS (LUKOIL) became the first Russian oil company to pre-qualify as an operator on the Norwegian continental shelf.
LUKOIL was awarded partnership in two exploration licenses – PL 858 and PL 719 – in the Norwegian sector of the Barents Sea.
Company Presence
| Subsidiary | Activities |
|---|---|
| LUKOIL Overseas North Shelf AS |  Geological exploration (offshore) |
PL 719
In June 2013, as a result of the 22nd licensing round, LUKOIL became a partner in production license PL 719, located in the Norwegian sector of the Barents Sea.
PL719 consists of two blocks – 7321/8 and 7321/9 – in the Fingerdjupet Sub-basin located in the western part of the Barents Sea.
Partners in the project are: LUKOIL – 30%, Centrica – 50% (Operator), Aker BP – 20%.
- More details
-
PL 858
In June 2016, as a result of the 23rd licensing round, LUKOIL was awarded participating interest in PL 858, located at the Fedynsky High in the Barents Sea.
Partners in the project are Aker BP – 30% (Operator), LUKOIL – 20%, Statoil – 20%, Petoro – 20%. - More details
LUKOIL was awarded participating interest in PL 858 located at the Fedynsky High in the Barents Sea.
LUKOIL entered a joint venture for license block, PL 719, in the Norwegian sector of the Barents Sea.
LUKOIL opened its office in Norway’s capital Oslo.
LUKOIL was qualified to act as the operator at the Norwegian continental shelf.
LUKOIL supports cultural events in Norway where Russian artists participate.
For many years, LUKOIL sponsored the Northern Lights Festival in Tromsø, an important cultural event in Norway, which featured artists from Moscow’s Bolshoi theatre.
LUKOIL supports schools for children's rhythmic gymnastics and ballet in the Oslo region, as well as a school at the Orthodox parish of the Moscow Patriarchate in Norway.
In cooperation with the Russian Geographical Society, LUKOIL has sponsored an exhibition of the history of the exploration of the Russian Arctic and the opening of the North East Passage.
The exhibition opened at the FRAM Museum of Arctic Expeditions in Oslo on 2 November, 2016.
LUKOIL actively participates in several joint industry projects related to health, safety and environment:
Arctic and Cold Climate Solutions Network
BaSMIN, which develops solutions in the field of safety and environmental protection for Cold-Climate offshore operations
BaSEC, which is aimed at increasing exploration collaboration in the Barents Sea
