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Concedo

Oil exploration company on the Norwegian Continental Shelf, holding licences in the North Sea and Barents Sea

Asker, NorwayFounded 2005concedo.noWebsite technologies

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Highlights

  • New on EvolcAdded 2026-10-28

About Concedo

Concedo is a Norwegian oil company focused on exploration on the Norwegian Continental Shelf. Its portfolio includes exploration licences mainly in the Northern North Sea and an exploration well planned in the Barents Sea. The company acquired a 25% interest in the Fenja and Vidsyn assets from Vår Energi and was awarded its first operated licence in the APA 2025 round.

Concedo is an upstream oil and gas company; its revenue comes from production and licence interests rather than from customers in the usual commercial sense. The company also reports that it is a member of OFFB, the operator's association for emergency response.

The company is registered in Norway as CONCEDO AS, with its office in Asker, Norway, two minutes' walk from Asker station. It was founded in 2005 and has 10 to 19 employees, with a technical team of geologists and geophysicists.

Product: Oil and gas exploration licences and interests on the Norwegian Continental Shelf

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