Chrysaor - New Actor on the Norwegian Continental Shelf
Tuesday 30 October 2018
The Ministry of Petroleum and Energy has approved that British Chrysaor buys a 15 percent stake in the Grevling discovery in the North Sea.
This is the company's first license on the Norwegian continental shelf. They have ambitions to grow further in Norway and eventually become an operator. Chrysaor has entered the line of many new companies on the Norwegian continental shelf since the mid-2000s.
On the Norwegian continental shelf Norway currently have a wide range of players who demonstrate both ability and willingness to further develop the Norwegian continental shelf. A multitude of companies with different ideas and different skills are important to create the greatest possible value from Norway's oil and gas resources.