History

2009

  • Marathon awarded licence PL 531 (30 percent) as operator in the Barents Sea in the 20th Licensing Round
  • Volund first oil on September 9th

2008

  • Sale of non-operated interests in the Heimdal infrastructure (including
    Marathon interests in the Heimdal, Vale, Byggve, Skirne and Peik fields plus the Heimdal East discoveries)
  • Awarded Vilje licence (PL0 36D; carve-out from Heimdal)
  • Vilje First Oil
  • Alvheim First Oil

2007

  • Volund Plan for Development and Operation (PDO) approved

2005

  • Vilje PDO approved

2004

  • Alvheim PDO approved
  • Volund Field discovery

2003

  • Vilje Field Discovery
  • Alvheim exploration and appraisal programme
  • Marathon achieves 65 percent working interest in Alvheim licenses (PL 203, PL 088BS, PL 036C)
  • Awarded Alvheim licence (PL 036C: Kneler/Kameleon)
  • Awarded Alvheim licence (PL 088BS: Boa)

2002

  • Marathon acquires equity in PL 203

2001

  • Marathon qualifies as operator in Norway
  • Marathon acquires equity in PL 088
  • Marathon acquires equity in P L150

1985

  • Heimdal first gas

1976

  • Marathon establishes presence in Norway through non-operated
    interest in Heimdal field (PL 036)

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