Acquisitions and Divestitures News in Norway

Explora Petroleum to Farm Into Three Norwegian Licenses
1/3/2013 - Explora Petroleum AS (Explora Petroleum) is pleased to announce that the company has entered into an agreement with Wintershall Norge AS for licences PL375, 375B and 375C containing the 34/4-11 (Beta)...
Statoil & Wintershall Shuffle North Sea Offshore Interests
10/22/2012 - Statoil ASA has signed an agreement to exit the Brage licences, farm down in Gjoa and Vega and acquire a 15% stake in the Edvard Grieg licence near the Johan Sverdrup field in the North Sea. This tran...
OMV Farms Into Edvard Grieg Offshore Norway
10/16/2012 - OMV acquires a 20% stake in the Edvard Grieg field (formerly Luno, Production Licence 338). The agreement with the seller RWE Dea was signed on October 16. OMV will gain access to 2P reserves in exces...
Bridge Energy Completes the Acquisition of Boa Field
10/5/2012 - Bridge, the AIM and Oslo Axess listed oil and gas exploration and production company, is pleased to announce that it has completed the acquisition of a 1.55% working interest in the producing Boa fiel...
Energy ASA Completes Farm-Down on PL497/PL497B
9/28/2012 - Bridge Energy ASA has through its wholly owned subsidiary Bridge Energy Norge AS (Bridge) completed the agreement with Agora Oil & Gas AS (Agora) which is 100% owned by Cairn Energy PLC (Cairn), for t...
BP Sales it's Interest in Draugen Field to Shell
BP Sales it's Interest in Draugen Field to Shell 9/13/2012 - BP announced that it has agreed to sell its 18.36 per cent non-operated interest in the Draugen field in the Norwegian Sea to AS Norske Shell for $240 million in cash. The agreement is a further examp...
Rocksource Farms In to License in Norwegian Sea
9/12/2012 - Rocksource ASA announces that the Company has entered into a farm-in agreement for a 15 per cent stake in a Production License in the Norwegian Sea. The license partnership is expected to take a drill...
Faroe Acquires 12.5% Interest in Darwin Prospect in PL531
8/23/2012 - Faroe Petroleum, the independent oil and gas company focusing principally on exploration, appraisal and production opportunities in the Atlantic margin, the North Sea and Norway, is pleased to announc...
OMV Acquires 15% Stake in Aasta Hansteen from ExxonMobil
7/13/2012 - OMV signed an agreement to acquire a 15% stake in the Aasta Hansteen field (formerly Luva, Production Licence 218/218 B) from ExxonMobil and an increase of its share by 6.15% in the Norwegian Sea Gas ...
Lundin Petroleum Enters Farmout Agreement for Pl544
7/6/2012 - Lundin Petroleum AB's (Lundin Petroleum) wholly owned subsidiary Lundin Norway AS (Lundin Norway) is pleased to announce that it has entered into a farmout agreement with Explora Petroleum AS (Explora...
Lundin Enters Farmout Agreements for Pl490 & Pl492
7/4/2012 - Lundin Petroleum AB's (Lundin Petroleum) wholly owned subsidiary Lundin Norway AS (Lundin Norway) is pleased to announce that it has entered into farmout agreements with Spring Energy Norway AS (Sprin...
Bridge Energy ASA Agrees Farm-Down on PL497/497B
6/27/2012 - Bridge Energy ASA, the Oslo Axess-listed oil and gas exploration and production company is pleased to announce that its wholly owned subsidiary Bridge Energy Norge AS has executed an agreement with Ag...
RWE Dea Farm-Into a License on the Norwegian Shelf
3/12/2012 - RWE Dea Norge AS, a wholly-owned subsidiary of the German upstream company RWE Dea, has entered into an agreement with Wintershall Norge ASA to acquire 10 percent equity in production license (PL) 418...
Lundin Petroleum Increases Interest in Brynhild Field
3/5/2012 - Lundin Petroleum AB (Lundin Petroleum) is pleased to announce that it has entered into an agreement with Talisman Energy Norge AS to acquire an additional 30 percent interest in PL148 containing the B...
North Energy Sells Fogelberg Gas Discovery
2/9/2012 - North Energy has entered into an agreement to sell its interest in licence 433 (Fogelberg) for NOK 70 million to Centrica Resources (Norway). Production licence 433 contains the Fogelberg gas/condensa...
Shell Sells Stake in Gas Transport System to Infragas
9/1/2011 - A/S Norske Shell (Shell) has entered into a binding agreement to sell its interests in natural gas transport infrastructure joint venture Gassled to Infragas Norge AS for NOK 3,925 million (USD 730 mi...
Noreco Completed the Sale of Brage and Hyme Fields
7/28/2011 - Norwegian Energy Company (Noreco) is pleased to announce that the sale of the company's interests in the Norwegian oil fields Brage and Hyme to Core Energy has been completed. The consideration to Nor...
GDF SUEZ Acquires Additional Shares in Njord & Noatun
7/28/2011 - On 26 July, GDF SUEZ E&P Norge signed an agreement with ExxonMobil Exploration & Production Norway AS to purchase its 20% share in Production Licenses 132, 107, 107B and 107C comprising the Njord fiel...
Bridge Energy Completes PL554/554B Farm-Out to Total
6/8/2011 - On May 31st Bridge Energy Norge AS completed the agreement with Total E&P Norge AS for the farm-down of 40% working interest in production licences PL554 and PL554B on the Norwegian Continental Shelf....
Spring Energy Acquires 20% Working Interest in PL 490
6/1/2011 - Spring Energy is pleased to announce a farm-in transaction of a 20% working interest in PL 490 from Norwegian Energy Company ASA. The PL 490 license is located immediately to the West/North West of th...

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