Acquisitions and Divestitures News in Norway

Lime Petroleum Farm Downs 10% Interests in 2 North Sea Licences
7/1/2022 - Rex International Holding Limited (“Rex International Holding”, “Rex” or the “Company”, and together with its subsidiaries, the “Group”), a technology-driven oil company, wishes to announce that its 9...
Longboat Energy Completes Farm-in Agreement
7/1/2022 - The farmin agreement with OMV (Norge) AS ("OMV"), which was first announced on May 9, 2022, has now been concluded, according to Longboat Energy, an up-and-coming full-cycle North Sea E&P business. In...
Solstad Offshore Sold PSV Normand Corona
6/14/2022 - Solstad Rederi AS, a wholly owned subsidiary of Solstad Offshore ASA, have sold the PSV Normand Corona. Delivery of the vessel to the new owner took place today, June 14th, 2022. The sale of the vesse...
Equinor Completes Acquisition of Interest in the Statfjord Field
5/31/2022 - The acquisition of Spirit Energy’s interest in the Statfjord field was announced 8 December 2021 with a commercial effective date 1 January 2021.

The transaction has now been completed afte...
ADS Maritime Subscribes 20% Interest in Chartered-in Scrubber-Fitted MR
5/30/2022 - ADS Maritime Holding Plc (the “Company”) has subscribed for a 20% interest in a chartered-in scrubber-fitted MR (the “Vessel”) that will trade in Navig8’s MR pool (the “Pool”) for a firm period of 36 ...
Centrica Completed Sale of Spirit Energy Norway Assets
5/30/2022 - Centrica plc announces that all conditions for the sale of Spirit Energy's Norwegian assets to Sval Energi AS and Spirit Energy's interests in the Statfjord field to subsidiaries of Equinor ASA for an...
OKEA Acquires Material Portfolio of Assets from Wintershall Dea
5/23/2022 - OKEA ASA has entered into an agreement with Wintershall Dea Norge AS (“Wintershall Dea”) to acquire a material portfolio of producing and near-term producing assets for an initial aggregate post-tax c...
Sval Energi Acquires Shares in Martin Linge & the Greater Ekofisk Area
5/10/2022 - Sval Energi AS is pleased to announce that the company has signed an agreement with Equinor to acquire shares in the Martin Linge Unit and the Greater Ekofisk Area.

The USD 1 billion transa...
Equinor Sells Assets in Ekofisk Area and Share in Martin Linge
5/10/2022 - Equinor and Sval Energi have entered into an agreement for the sale of Equinor’s non-operated share in the Greater Ekofisk Area and a minority share in Martin Linge (19%).

The agreement inc...
Longboat Energy Farms-in to Two Exploration Wells
5/9/2022 - Longboat Energy, the emerging full-cycle North Sea E&P company, is pleased to announce that it has farmed-in to two additional near-term, gas weighted exploration prospects on the Norwegian Continenta...
Transfer of Krafla Operatorship from Equinor to Aker BP
5/5/2022 - Equinor and Aker BP have signed a memorandum of understanding (MoU) for transfer of the Krafla operatorship from Equinor to Aker BP, making Aker BP the operator of all discoveries in the NOAKA area - ...
Lime Petroleum Acquires 40% Interests in Two North Sea Licenses
4/18/2022 - - PL820 S and PL820 SB licences contain the Iving and Evra discoveries
- Aim is to move the licences towards further exploration drilling and development of the discoveries
- Licenses are l...
Three Companies Offered Acreage to Store CO2
4/8/2022 - On 5 April 2022, three companies were offered exploration licences to store CO2 in two areas on the Norwegian Continental Shelf. One area in the North Sea and one in the Barents Sea were announced in ...
Cool Company Ltd. – Fourth Completion Of Vessel Acquisitions
3/11/2022 - Cool Company Ltd. has announced that the fourth of eight acquisitions of modern LNG tankers from Golar LNG Limited ("Golar") was completed on 10 March, 2022.

The fourth completion covered a...
Pandion Energy Acquires the Operations of ONE-Dyas in Norway
3/9/2022 - Pandion Energy has signed an agreement with ONE-Dyas Holdings to acquire ONE-Dyas Norge. The transaction includes a 10 percent share of the Nova field and a total of 11 exploration licenses.

...
Repsol Norge Given Consent for Life Extension of the Blane Field
2/16/2022 - The Petroleum Safety Authority Norway has given Repsol Norge consent for life extension of the Blane field.

The Blane field is part of production licence 143 BS, for which Repsol is the ope...
Eni Joins Dogger Bank C As Sell Down Process Completes
2/10/2022 - SSE Renewables has completed the agreement to sell a 10% interest in Dogger Bank C offshore wind farm to Eni. Eni has officially joined the Dogger Bank C project partnership after both SSE Renewables...
Equinor Announces Q4 2021 & Year End Results
2/9/2022 - Equinor reports record high adjusted earnings of USD 15.0 billion and USD 4.40 billion after tax in the fourth quarter of 2021. IFRS net operating income was USD 13.6 billion and the IFRS net income w...
Wellesley Petroleum AS Awarded New Licences
1/18/2022 - Wellesley Petroleum AS (“Wellesley”) has been offered interests in three new production licences on the NCS, one of which is operated, through the Awards in Pre-defined Areas (APA 2021) licensing roun...
Vår Energi Awarded 10 New NCS Licenses
1/18/2022 - Vår Energi, a leading independent upstream oil and gas company on the Norwegian Continental Shelf (NCS), is pleased to announce the award of 10 new production licenses, five of which as operator, in t...

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