Suncor Energy Norge has secured approval from the Norwegian Petroleum Safety Authority (PSA) to drill the 34/4-14 S and A exploration well.
The exploration well drilling will commence in production licence (PL) 375, which the company operates in block 34/4 of the Norwegian Sea.
Drilling is expected to start this month and will be conducted using the Borgland Dolphin semi-submersible drilling rig.
Drilling will take around 154 days, depending on discovery success.
Suncor Energy has participated in various bidding rounds for exploration licenses, both operated and non-operated, since establishing its Stavanger office in Norway.
The company discovered Beta Statfjord in 2009, along with its first operated well in Norway in PL 375.
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The discovery was appraised and tested in 2010 and 2012, respectively, with continuing appraisal work assessing its future potential.
Suncor, which holds 17 licenses in Norway, said it continues to increase its staff and improve competencies in Stavanger to manage its portfolio and level of activity.
The company has a balanced portfolio of assets and significant growth prospects and plans to achieve production of one million barrels of oil equivalent per day across its operations.