LONDON, May 1 /PRNewswire/ -- Chevron Europe, Eurasia and Middle East, an affiliate of Chevron Corporation, today announced that it has successfully bid for the exploration rights in nine blocks awarded in the 20th Norwegian Licensing Round.
The blocks are located in the Outer Voring Basin in the Norwegian Sea, approximately 155 miles (250 kilometers) west of the coast of Kristiansund, in 3000 feet (1000 meters) of water. Chevron has been appointed as the operator with a 40% percent equity interest in the blocks 6703/7, 8, 9, 10, 11 12 and 6704/7, 8 10. The other participants in the blocks are StatoilHydro with 20 percent equity interest, Shell with 20 percent equity interest and SD0E with 20 percent equity interest.