Acquisitions and Divestitures News in Norway
| 8/15/2022 - Vår Energi has acquired 30% ownership in production licenses (PL) 820S and PL 820 SB (north of the Balder field in the North Sea) from Lime Petroleum, Pandion Energy and Lundin Energy Norway AS (now A... |
| 8/10/2022 - • The transaction consideration of US$68 million includes NOK 309 million (~US$33 million) in deferred tax assets which are recoverable for Lime Petroleum • Expected peak production from the Yme... |
| 7/14/2022 - Aker BP, with Wintershall Dea as partner, has made a gas discovery in the Storjo prospect in the Norwegian Sea, where Wintershall Dea holds a 30% interest. The operator’s provisional estimate for the ... |
| 7/1/2022 - Rex International Holding Limited (“Rex International Holding”, “Rex” or the “Company”, and together with its subsidiaries, the “Group”), a technology-driven oil company, wishes to announce that its 9... |
| 7/1/2022 - The farmin agreement with OMV (Norge) AS ("OMV"), which was first announced on May 9, 2022, has now been concluded, according to Longboat Energy, an up-and-coming full-cycle North Sea E&P business. In... |
| 6/28/2022 - S.D. Standard ETC Plc announces that Standard Supply AS (Standard Supply), whereof Standard ETC owns c. 70%, has acquired the Platform Supply Vessel (PSV) Standard Defender for NOK 204 million as part... |
| 6/14/2022 - Solstad Rederi AS, a wholly owned subsidiary of Solstad Offshore ASA, have sold the PSV Normand Corona. Delivery of the vessel to the new owner took place today, June 14th, 2022. The sale of the vesse... |
| 5/31/2022 - The acquisition of Spirit Energy’s interest in the Statfjord field was announced 8 December 2021 with a commercial effective date 1 January 2021. The transaction has now been completed afte... |
| 5/30/2022 - Centrica plc announces that all conditions for the sale of Spirit Energy's Norwegian assets to Sval Energi AS and Spirit Energy's interests in the Statfjord field to subsidiaries of Equinor ASA for an... |
| 5/30/2022 - ADS Maritime Holding Plc (the “Company”) has subscribed for a 20% interest in a chartered-in scrubber-fitted MR (the “Vessel”) that will trade in Navig8’s MR pool (the “Pool”) for a firm period of 36 ... |
| 5/23/2022 - OKEA ASA has entered into an agreement with Wintershall Dea Norge AS (“Wintershall Dea”) to acquire a material portfolio of producing and near-term producing assets for an initial aggregate post-tax c... |
| 5/10/2022 - Sval Energi AS is pleased to announce that the company has signed an agreement with Equinor to acquire shares in the Martin Linge Unit and the Greater Ekofisk Area. The USD 1 billion transa... |
| 5/10/2022 - Equinor and Sval Energi have entered into an agreement for the sale of Equinor’s non-operated share in the Greater Ekofisk Area and a minority share in Martin Linge (19%). The agreement inc... |
| 5/9/2022 - Longboat Energy, the emerging full-cycle North Sea E&P company, is pleased to announce that it has farmed-in to two additional near-term, gas weighted exploration prospects on the Norwegian Continenta... |
| 5/5/2022 - Equinor and Aker BP have signed a memorandum of understanding (MoU) for transfer of the Krafla operatorship from Equinor to Aker BP, making Aker BP the operator of all discoveries in the NOAKA area - ... |
| 4/18/2022 - - PL820 S and PL820 SB licences contain the Iving and Evra discoveries - Aim is to move the licences towards further exploration drilling and development of the discoveries - Licenses are l... |
| 4/8/2022 - On 5 April 2022, three companies were offered exploration licences to store CO2 in two areas on the Norwegian Continental Shelf. One area in the North Sea and one in the Barents Sea were announced in ... |
| 3/11/2022 - Cool Company Ltd. has announced that the fourth of eight acquisitions of modern LNG tankers from Golar LNG Limited ("Golar") was completed on 10 March, 2022. The fourth completion covered a... |
| 3/9/2022 - Pandion Energy has signed an agreement with ONE-Dyas Holdings to acquire ONE-Dyas Norge. The transaction includes a 10 percent share of the Nova field and a total of 11 exploration licenses. ... |
| 2/16/2022 - The Petroleum Safety Authority Norway has given Repsol Norge consent for life extension of the Blane field. The Blane field is part of production licence 143 BS, for which Repsol is the ope... |
