Acquisitions and Divestitures News in Norway
| 1/15/2019 - Pandion Energy has been awarded two licenses under the 2018 Norwegian APA (Awards in Pre-defined Areas) License Round on the Norwegian Continental Shelf. The APA award was announced by the Minister of... |
| 1/15/2019 - Aker BP has been offered interests in 21 new production licenses in Norway, of which 11 as operator, through the Awards in pre-defined areas (APA 2018) licensing round. ... |
| 12/31/2018 - Pandion Energy AS (Pandion Energy) has entered into an agreement with Aker BP ASA (Aker BP) to acquire a 30 percent interest in PL 842 in the Norwegian Sea. The license is located in blocks 6608/10, 1... |
| 12/28/2018 - Equinor has completed the sales of two non-core discoveries on the Norwegian Continental Shelf (NCS) that were both announced in October 2018. The first sale, of a 77.8% operated interest in the King ... |
| 12/13/2018 - Premier Oil Plc is considering a bid for a package of North Sea oil and gas assets put on the block by U.S. oil major Chevron Corp. that’s worth about $2 billion, according to people familiar with the... |
| 12/7/2018 - Completion of the Babbage Area sale: Premier has announced that following receipt of necessary approvals, the sale of its interests in the Babbage Area to Verus Petroleum SNS Ltd (Verus) has no... |
| 12/5/2018 - Faroe Petroleum is pleased to announce it has signed a binding agreement with Equinor Energy AS (a wholly owned subsidiary of Equinor ASA) (Equinor) to swap its interests in the Njord, Hyme redevelopm... |
| 12/3/2018 - Following Aker BP's stock exchange notice dated 31 July 2018 regarding the company's agreement to acquire a portfolio of 11 licences on the Norwegian continental shelf from Total E&P Norge for a cash ... |
| 11/30/2018 - A/S Norske Shell has completed the sale of its interests in the Draugen and Gjoa fields in Norway for 4,52 Billion NOK (~US$526 million*) to OKEA AS. ... |
| 10/18/2018 - Equinor has signed an agreement with PGNiG to sell its non-operated interests in the Tommeliten discovery on the Norwegian Continental Shelf (NCS) for a total of USD 220 million. ... |
| 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... |
