Acquisitions and Divestitures News in Norway
| 9/14/2017 - Premier Oil is seeking to sell half of its stake in the Babbage gas field in the North Sea, according to a document seen by Reuters, as it tries to pay down a heavy debt pile it accrued during the oil... |
| 9/4/2017 - Total has signed an agreement to divest its remaining 15% interest in the Gina Krog field in Norway to Kuwait Foreign Petroleum Exploration Company (KUFPEC). This agreement builds on the 2016 transact... |
| 8/30/2017 - Kuwait Foreign Petroleum Exploration Company k.s.c. (“KUFPEC”) announced that its wholly-owned subsidiary KUFPEC Norway AS has reached agreement to acquire a 15% interest in the Gina Krog field from T... |
| 7/7/2017 - North Energy ASA's (North Energy) subsidiary North E&P AS (North E&P) has signed an agreement with Lundin Norway AS (Lundin Norway) whereby North E&P will sell its 40% working interest in production l... |
| 6/28/2017 - Lundin Petroleum AB (Lundin Petroleum) is pleased to announce that its wholly-owned subsidiary Lundin Norway AS (Lundin Norway) on 27 June 2017 entered into a sales and purchase agreement with CapeOme... |
| 6/22/2017 - Pandion Energy AS (Pandion Energy) is pleased to announce that the company has been pre-qualified as licensee on the Norwegian Continental Shelf (NCS) and received an approval for the acquisition of a... |
| 3/29/2017 - HitecVision and its majority owned portfolio company Point Resources are pleased to announce the signing of an agreement to acquire ExxonMobil’s operated upstream business in Norway from ExxonMobil Ex... |
| 2/9/2017 - Sequa Petroleum N.V. (Sequa) announces that following a strategic review it plans to cease its E&P activity in Norway conducted through Tellus Petroleum AS, and focus on acquiring assets elsewhere in ... |
| 1/18/2017 - Faroe Petroleum, the independent oil and gas company focussing principally on exploration, appraisal and production opportunities in Norway and the UK, has been awarded four new prospective exploratio... |
| 1/17/2017 - The Ministry of Petroleum and Energy announced the Awards in Predefined Areas 2016. VNG Norge has been awarded the following: ... |
| 1/17/2017 - Within the 2016 Awards in Predefined Areas (APA 2016), DEA was awarded two new licences by the Norwegian Ministry of Petroleum and Energy, thereof one as operator. ... |
| 1/17/2017 - In connection with the Award in Predefined Areas (APA) for 2016 Statoil has been awarded interests in 29 exploration licences on the Norwegian continental shelf (NCS), 16 of these as operator, and 13 ... |
| 1/17/2017 - The Ministry of Petroleum and Energy today offers 29 oil-companies participation in 56 production licenses on the Norwegian Continental Shelf in the Award in Pre-Defined Areas 2016 (APA 2016) licensin... |
| 1/17/2017 - Lundin Petroleum AB (Lundin Petroleum) is pleased to announce that its wholly owned subsidiary Lundin Norway AS (Lundin Norway) has been awarded four exploration licence interests in the 2016 Norwegia... |
| 1/17/2017 - Aker BP is offered interests in 21 new production licenses (licenses), including 13 new operatorships, at the Awards in pre-defined areas (APA) 2016. ... |
| 12/23/2016 - DEA strengthens the company’s position in Norway by acquiring participating interest in seven licences in the Njord area in the Norwegian Sea, including 20% increased interest in the Njord field, from... |
| 12/16/2016 - Reference is made to the stock exchange release dated October 27, 2016 regarding Akastor's agreement to sell Fjords Processing to National Oilwell Varco. All closing conditions have been fulfilled. ... |
| 11/27/2016 - The Norwegian government may further raise its stake in the Dvalin natural gas field development, which is expected to start producing in 2020, the country's oil ministry said on Friday. ... |
| 11/22/2016 - Petroleum Geo-Services ASA (PGS) intends to carry out a private placement of new ordinary shares for gross proceeds of ~NOK 1.9 billion (~USD 225 million) (the "Private Placement"). Subject to complet... |
| 10/31/2016 - Statoil has agreed to acquire Wintershall Norge’s 25% interest in the Byrding project on the Norwegian Continental Shelf (NCS). On conclusion of this transaction Statoil will increase its interest fro... |
