Suncor Energy Norge has had an office in Stavanger since 2005. Suncor’s strategic objective for Norway is to grow a sustainable Exploration and Production(E&P) business in the country. Offshore Norway is an important exploration theatre in Suncor’s E&P Offshore business. It has several world class basins that offer a wide range of exploration opportunities with significant open acreage which, when combined with regular bid rounds, offer potential growth opportunities in the region. Since establishing the Stavanger office, Suncor has participated in several bid rounds for exploration licenses, both operated and non-operated. Our current (2016) portfolio consists of 13 licenses:
An important element of our strategy in Norway is participation in offshore exploration licensing rounds. We maintain an active portfolio with a focus on quality.
Our current (2016) portfolio consists of 13 licenses, 5 of which are operated, and two of which have commercial potential – Beta PL 375 (operated) and Oda PL 405 (non-operated).