The awarded licences include one licence in the Greater Luno Area and two licences in the Barents Sea.
Sweden-based Lundin Petroleum said it will operate four of the licences awarded to the company.
Lundin Petroleum is an oil and gas exploration and production company with a balanced portfolio of world-class assets primarily located in Europe and south east Asia.
The company has proven and probable reserves of 211 million barrels of oil equivalent.
