Acquisitions and Divestitures News in Norway

Pandion Energy Completes Sale of Duva Interest to Solveig Gas
12/31/2019 - Pandion Energy AS and Solveig Gas Norway AS have completed their previously announced transaction, whereby Pandion Energy has sold 10% non-operated interests in PL 636, comprising the Duva oil and gas...
Var Energi Completes Acquisition of Exxonmobil’s Business in Norway
12/10/2019 - Var Energi celebrates one year as a company and strengthens NCS position as the acquisition of ExxonMobil’s upstream business in Norway is completed. ...
Transfer of Wisting Operatorship to Equinor
12/2/2019 - Equinor and OMV have agreed on transferring the operatorship for the Wisting license and development phase in the Barents Sea as of 1 December. ...
Disposal of Capricorn Norge AS
11/27/2019 - Cairn announces that it has entered into an agreement to dispose of the entire share capital of Capricorn Norge AS, the company’s wholly owned subsidiary in Norway. ...
OKEA Completed Sale of Interests in Grevling & Storskrymten
11/13/2019 - OKEA ASA (the Company) announces that the sale of 20% of the Company's participating interest in Grevling (PL 038D) and 18.57% of the Company’s participating interest in Storskrymten (PL 974) followin...
Pandion Energy Divests Its 20 Percent Share in the Duva Field
11/7/2019 - Pandion Energy has agreed to divest its 20% share in the Duva field through two transactions, one with PGNiG Upstream Norway AS and one with Solveig Gas Norway AS, each acquiring a 10% share in PL 636...
Neptune Energy Acquires North Sea Assets from Energean
10/14/2019 - Neptune Energy has entered into a conditional Sale and Purchase Agreement with Energean Oil and Gas to acquire Edison E&P’s UK and Norwegian producing, development and exploration assets for an initia...
Var Energi Acquires ExxonMobil’s Upstream Assets in Norway
Var Energi Acquires ExxonMobil’s Upstream Assets in Norway 9/26/2019 - Var Energi AS, owned by Eni and HitecVision, has signed an agreement with ExxonMobil to acquire its upstream assets in Norway. The transaction includes ownership interests in more than 20 producing fi...
Equinor Completes Sale of Shares in Lundin Petroleum
8/30/2019 - Equinor and Lundin have completed both parts of the transaction announced on 7 July 2019. This follows all transaction conditions being met, including government and regulator approvals. ...
Pandion Energy Acquires Interest of PL 891 from ConocoPhillips
7/17/2019 - Pandion Energy AS has entered into an agreement with ConocoPhillips Skandinavia AS (ConocoPhillips) to acquire a 20 percent interest in PL 891, containing the Slagugle prospect. The license is located...
PGNiG Acquires Interest in Another Gas Field in the North Sea
7/12/2019 - PGNiG Upstream Norway has acquired 20 percent shares in the Duva field – PL 636 and PL636B licenses – from Wellesley Petroleum AS. First production is expected at the turn of 2020 and 2021. ...
ExxonMobil’S Norway Exit Could Break Records
6/27/2019 - US supermajor ExxonMobil is looking to sell its Norwegian upstream assets. The portfolio has an estimated value of $3.1 billion, according to Rystad Energy. ...
Exxon Mobil Seeks Bids for Norwegian Offshore Assets
6/22/2019 - Exxon Mobil is considering selling all of the stakes it holds in oil and gas fields off the Norwegian coast. It has retained stakes in more than 20 other fields, including Equinor-operated Snorre and ...
PGNiG Purchased Interest in Another Gas Field in Norway
6/7/2019 - PGNiG Upstream Norway will acquire 22.2 percent of shares in King Lear field – PL146 and PL333 licenses – from Total E&P Norge. The volume of production in the part attributable to PGNiG may reach 0.2...
EMGS Participates in Sole-Sourced Tender Process
3/28/2019 - Electromagnetic Geoservices ('EMGS') is currently participating in a sole-sourced tender process for a multi-year acquisition contract. Based on the information currently available to EMGS, the Compan...
Lundin Acquires further Interests in the Rolvsnes Discovery
1/28/2019 - Lundin Petroleum has announced that its wholly-owned subsidiary Lundin Norway has entered into an agreement with Lime Petroleum, a subsidiary of Rex International Holding, to acquire its entire Utsira...
Inpex Awarded Two Exploration Licenses in Norway’s APA 2018
1/18/2019 - INPEX CORPORATION (INPEX) has announced that through its subsidiary INPEX Norge AS, it has been awarded exploration licenses PL1027 located in the western Barents Sea offshore and PL1016 located in th...
Eight Exploration Licences Awarded in Norway
1/16/2019 - Faroe Petroleum, the independent oil and gas company focussing principally on exploration, appraisal and production opportunities in Norway and the UK, is pleased to announce that it has been awarded ...
Edinburgh Prospect Partnership
1/16/2019 - Faroe Petroleum, the independent oil and gas company focusing principally on exploration, appraisal and production opportunities in Norway and the UK, is pleased to announce its partnership with subsi...
DNO Receives 18 Awards in Norway's APA Licensing Round
1/15/2019 - DNO, the Norwegian oil and gas operator, has announced that its wholly-owned subsidiary DNO Norge has been awarded participation in 18 exploration licenses, of which five are operatorships, under Norw...

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