Acquisitions and Divestitures News in Norway
| 10/15/2018 - Equinor has signed an agreement with Aker BP to sell its 77.8% operated interest in the King Lear discovery on the Norwegian Continental Shelf (NCS) for a total of USD 250 million. ... |
| 10/15/2018 - Aker BP has entered into an agreement with Equinor Energy to acquire its 77.8 percent interest in the King Lear gas/condensate discovery in the Norwegian North Sea for a cash consideration of USD 250 ... |
| 10/10/2018 - U.S. oil firm Chevron (CVX.N) will become the first oil major to formally exit the Norwegian continental shelf (NCS) as it transfers its last stake in an exploration license, according to a government... |
| 10/3/2018 - Marathon Oil has launched the sale of its British North Sea oil and gas fields, a document seen by Reuters showed, the latest U.S. firm to retreat from the basin to focus on onshore shale production a... |
| 10/3/2018 - Lundin Petroleum has announced that its wholly-owned subsidiary Lundin Norway has entered into an agreement with Equinor under which Lundin Norway will acquire Equinor’s entire 15 percent working inte... |
| 9/7/2018 - The Ministry of petroleum and Energy has received a large number of applications for new exploration acreage in the licensing round Awards in Predefined Areas (APA) 2018. ... |
| 7/31/2018 - Aker BP has entered into an agreement with Total E&P Norge to acquire its interests in a portfolio of 11 licences on the Norwegian Continental Shelf for a cash consideration of USD 205 million. The po... |
| 7/6/2018 - Equinor has reached agreement to buy 100% of the shares in Danish energy trading company Danske Commodities (DC) for EUR 400 million, with smaller contingent payments depending on DC’s performance ove... |
| 7/3/2018 - The Norwegian Petroleum Directorate has granted Lundin Norway AS a drilling permit for well 6307/1-1 S, cf. Section 15 of the Resource Management Regulations. Well 6307/1-1 S will be drilled from the ... |
| 6/20/2018 - Royal Dutch Shell plc, through its affiliate A/S Norske Shell, has reached an agreement with OKEA AS to sell its entire 44.56% interest in Draugen and 12.00% interest in Gjoa in Norway for $556 millio... |
| 6/19/2018 - The Norwegian Petroleum Directorate has granted Norske Shell a drilling permit for wildcat well 6304/3-1 in production licence PL 832. Well 6304/3-1 will be drilled from the Scarabeo 8 drilling facili... |
| 6/18/2018 - Aker BP has been offered interests in six new production licenses in Norway, of which two as operator, in the 24th licensing round. All the new licenses are located in the Barents Sea. ... |
| 6/18/2018 - Lundin Petroleum has announced that its wholly owned subsidiary Lundin Norway has been awarded three exploration licences in the 24th licensing round in Norway. All of the licences are located in the ... |
| 5/17/2018 - Faroe Petroleum plc, the independent oil and gas company focusing principally on exploration, appraisal and production opportunities in Norway and the UK, is pleased to announce the completion of the ... |
| 4/16/2018 - Pandion Energy AS has entered into an agreement with Equinor Energy AS (Equinor) to acquire a 20 percent interest in licenses PL 263 D and PL 263 E, containing the Appolonia prospect. The licenses are... |
| 3/26/2018 - OKEA announces that Chrysaor, the leading oil & gas independent, has through its Norwegian subsidiary Chrysaor Norge A.S. entered into an agreement with OKEA to acquire a 15% interest in the PL038D li... |
| 3/26/2018 - The Ministry of Petroleum and Energy approved the plans for development and operation (PDOs) for Valhall Flank Vest and the Skogul development on 23 march. Both are operated by Aker BP. |
| 3/9/2018 - Royal Dutch Shell is selling out of the ageing Draugen field in Norway and is also offering small stakes in a number of other fields, according to a document seen by Reuters. ... |
| 2/12/2018 - Faroe Petroleum has announced that it has executed a transaction with Suncor Energy Norge for the sale of a 17.5% working interest in the Fenja development located in PL586 in the Norwegian Sea. Highl... |
| 1/30/2018 - Rex International Holding Limited announces that its 90 per cent subsidiary Lime Petroleum AS has entered into an agreement to divest its 20 per cent participating interest in licence PL762 located in... |
