INPEX has acquired its first Norwegian licence through a deal with Bayerngas. The company confirmed on 15 September 2017 that it would take Bayerngasâ 40% interest in PL 767 which lies to the north of Snohvit and southeast of Alta. The NPD reported on 1 December 2017 that the deal had completed (effective from 27 November 2017). PL 767 covers an area of 211 sq km over parts of blocks 7120/3, 7121/1, 7121/2 and 7121/4. INPEX was pre-qualified as an NCS licensee in 2014 but until now had not acquired any assets.  INPEX is headquartered in Tokyo and is active globally with assets in areas including Japan, Indonesia, Australasia, the Caspian region, the UAE, West Africa and the Americas. It was part of the consortium of 33 companies, led by Statoil, which jointly acquired seismic in the Southeast Barents Sea in summer 2014 prior to the 23rd Licensing Round. Although it applied for acreage in the 23rd Round it was unsuccessful. Following completion of the deal interest in PL 767 is held by Lundin Norway AS (60% + operator) and INPEX Norge AS (40%).
Norway (Hammerfest Sub-basin (Barents Sea Platform)) Snohvit