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extending the lifetime of the first production licence PL001 on the Norwegian Continental Shelf to 2045 and beyond, and opens a wide potential for continued value creation,” he added.

In December 2022, Argos Resources agreed for Canada-based JHI to acquire Argos' PL001 Production License interests for new shares in JHI, plus a cash payment enabling Argos to settle the ...

“Balder X…including the sanctioned Balder Phase V project, marks the start of a new era in the North Sea, extending the lifetime of the first production license PL001 on the Norwegian ...

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“Balder X, with a payback time of around two years, including the sanctioned Balder Phase V project, marks the start of a new era in the North Sea, extending the lifetime of the first production ...