Acquisitions and Divestitures News in Norway

Longboat Energy plc Announces Norwegian JV with JAPEX - Completion Update
6/22/2023 - Longboat Energy, the emerging full-cycle E&P company, is pleased to provide an update on the completion process for the creation of Longboat JAPEX Norge AS ("Longboat JAPEX" or the "Joint Venture"). <...
Cloudberry Clean Energy Announces Sale of Assets Demonstrating Significant Value
6/16/2023 - Cloudberry ("Cloudberry") has entered into a share sale and purchase agreement with Norsk Vannkraft AS ("Norsk Vannkraft") for the sale of the three hydropower plants Åmotsfoss, Selselva and Nessa...
Eidesvik Offshore Enters into Agreements for Sale of Non- Strategic Assets
6/1/2023 - Eidesvik Offshore ASA (“Eidesvik”) has entered into agreements to sell its three remaining seismic vessels, Veritas Viking, Vantage and Viking Vision to two separate buyers. All the vessels are in lay...
Cloudberry Clean Energy ASA | Odin Transaction Closed
5/31/2023 - 10th of February 2023 Cloudberry Clean Energy ASA (“Cloudberry” or the “Company”) announced to the stock exchange the signing of a sale and share purchase agreement (“Transaction”) with Skovgaard Ener...
Announcement of Awards in Predefined Areas (APA) 2023
5/10/2023 - The Ministry of Petroleum and Energy announced APA 2023 on 10.05.2023, encompassing the predefined areas with blocks in the North Sea, Norwegian Sea and Barents Sea. The deadline to apply for APA 2023...
ORLEN Group Integrates its Production Assets in Norway
5/4/2023 - In early May, PGNiG Upstream Norway acquired the production assets of LOTOS Exploration and Production Norge, the ORLEN Group’s other Norwegian-based company. The consolidated entity is a top ten comp...
Diana Shipping Inc. Announces Completion of a Joint Venture for the Acquisition of “DSI Drammen”
5/2/2023 - Diana Shipping Inc. (NYSE: DSX), (the “Company”), a global shipping company specializing in the ownership and bareboat charter-in of dry bulk vessels, today announced that through a limited partnershi...
Kistos Announces Agreement to Acquire Mime Petroleum
4/19/2023 - Kistos (LSE: KIST), the low carbon intensity hydrocarbon producer pursuing a strategy to acquire assets with a role in energy transition, is pleased to announce that it has reached a conditional agree...
Rex subsidiary Lime Petroleum is Pre-Qualified as Operator in Norway
3/30/2023 - Rex International Holding Limited (“Rex International Holding”, “Rex” or the “Company”, and together with its subsidiaries, the “Group”), a technology-driven oil exploration and production company, ...
ADS Maritime Holding Plc Acquires Stake in Dive Support Vessel
3/29/2023 - ADS Maritime Holding Plc (“the Company”) has acquired a 10 % stake in a Dive Support Vessel and will act as Commercial Manager with primary responsibility for following up the shipowning company’s act...
Equinor Welcomes OKEA as New Partner in the Statfjord Area
3/20/2023 - Equinor has entered into an agreement to divest 28% working interest in PL037 (Statfjord area) to OKEA with an effective date 1 January 2023.

...
Eidesvik Offshore and Reach Subsea Complete the Acquisition of Viking Reach
3/16/2023 - The Joint Venture between Eidesvik Offshore ASA (“Eidesvik”) and Reach Subsea ASA (“Reach”) has completed the acquisition of Subsea IMR vessel Viking Reach. The purchase price for the vessel was USD 2...
Closing of the Sale of BW Opportunity
3/15/2023 - With reference to the stock exchange release dated 10 March 2023. BW Offshore has closed the transaction for the sale of the FPSO BW Opportunity for USD 125 million to an undisclosed third party.
Solstad Offshore EXits from PSV Segment through a Strategic Sale of its PSV-fleet
3/7/2023 - Subsidiaries of Solstad Offshore ASA (“Solstad”, OSE: SOFF) have today signed an agreement with U.S. based Tidewater Inc. (“Tidewater”, NYSE: TDW) for the sale of 37 platform supply vessels (the “PSV ...
Equinor Strengthens its Position in the Northern North Sea
3/1/2023 - Equinor has signed an agreement to acquire equity interest in five discoveries in the Troll, Fram and Kvitebjørn area in the North Sea on the Norwegian continental shelf (NCS) from Wellesley Petroleum...
GC Rieber Acquires Full Ownership of Icebreaking Tug Polar Circle
2/9/2023 - GC Rieber Shipping has entered into an agreement with its Joint Venture partner, to buy its 50% share of the icebreaking tug Polar Circle. Following the purchase GC Rieber Shipping will fully own the ...
Equinor Leaves the Barents Blue Project as Agreement Period Ends - New Partner Joins
2/1/2023 - Operator Horisont Energi has announced Fertiberia as a new partner to join the Barents Blue project. The previous partners Equinor and Vår Energi leave the project as the cooperation agreement expired...
Vår Energi Withdraws from Barents Blue
2/1/2023 - Horisont Energi enters into partnership with Fertiberia to join the Barents Blue project. Simultaneously Vår Energi and Equinor withdraw from the projectas the cooperation agreement expires on 31th Ja...
KUFPEC Obtains an Exploration Concession in Norway with a 20% Stake
1/21/2023 - The Kuwait Foreign Petroleum Exploration Company (KUFPEC) announced that it had obtained the exploration concession (PL-1174S) from the Norwegian Ministry of Petroleum and Energy. (KUFPEC) said in a p...
Completion of Sale of Energy Scout
1/19/2023 - Reference is made to the previous notice on 24 November 2022 regarding Energy Scout AS (a subsidiary of Golden Energy Offshore Services AS) having entered into a MoA for the sale of the vessel Energy ...

Accounting, Statistics Acquisitions and Divestitures Asset Portfolio Management Economics/Financial Analysis General Industrial Development Insurance Investment Mergers and Acquisitions Risk Management
For Buyers
For Suppliers
Gulf Oil and Gas
Copyright © 2023 ICT All rights reserved. - Terms of Service - Privacy Policy.