Pandion Energy has been awarded two licenses under the 2018 Norwegian APA (Awards in Pre-defined Areas) License Round on the Norwegian Continental Shelf. The APA award was announced by the Minister of Petroleum and Energy (MPE), Kjell-Børge Freiberg on Tuesday 15. January. For more information about...
Pandion Energy AS (Pandion Energy) has entered into an agreement with Aker BP ASA (Aker BP) to acquire a 30 percent interest in PL 842 in the Norwegian Sea. The license is located in blocks 6608/10, 11 and 12, east-northeast of the Norne field. PL 842 was awarded...
Zennor Petroleum Limited (“Zennor”) is pleased to announce that it has received approval from the Oil & Gas Authority (OGA) to proceed with the Finlaggan Field development in the UK Central North Sea (block 21/05c), of which it owns 100%. The development project to recover 26mmboe...
Ideol has just received a €2.5 million grant from the European Commission under the Horizon 2020 - SME Instrument programme. This funding is outstanding since this very selective programme only rewards 5% of the candidate projects. Last 20 September, the SME Instrument programme awarded Ideol a...
Pandion Energy is pleased to announce that the Company’s NOK 400 million senior unsecured bond “Pandion Energy AS Senior Unsecured Callable Bond Issue 2018/2023” with ISIN NO 0010820103 has been listed on the Nordic ABM. DNB Markets and Pareto Securities acted as Joint Lead Managers for...
The connection of the electricity export cable and a final series of tests carried out in recent days enabled the Floatgen wind turbine, which is installed 22 km off Le Croisic (Loire-Atlantique), to become fully operational on Tuesday 18 September. This announcement is a highly symbolic...