Mergers and Acquisitions News in Norway

Aker Solutions to Execute Share Purchase Program for Employees
9/26/2016 - Aker Solutions will for the eighth consecutive year offer employees in selected jurisdictions the opportunity to buy shares of the company. The 2016 employee share purchase program allows participants...
Det norske, Aker Solutions & Subsea 7 Form Development Alliance in Norway
9/13/2016 - Det norske oljeselskap, Aker Solutions and Subsea 7 agreed on a “one for all, all for one” collaboration model that marks a major shift in how an operator and its suppliers can work together on oil an...
PALFINGER Group Signs Acquisition of Harding Holding AS
5/30/2016 - With today, the PALFINGER Group signs acquisition 100 per cent of the shares in Herkules Harding Holding AS and thus, the globally operating Harding Group, headquartered in Seimsfoss, Norway. PALFINGE...
Palfinger to Acquire Norwegian Harding Group
5/24/2016 - The PALFINGER Group intends to acquire 100 per cent of the shares in Herkules Harding Holding AS and thus, the globally operating Harding Group. The seller is the Norwegian private equity fund Herkule...
Seadrill Sells Remaining 8.2% Stake in SapuraKencana
4/27/2016 - Seadrill Limited has sold its remaining stake of approximately 490 million shares in SapuraKencana for approximately $195 million. The proceeds from the share sale will provide additional liquidity an...
Settlement of Patent Disputes between PGS & EMGS
4/13/2016 - Petroleum Geo-Services ASA (PGS) and Electromagnetic Geoservices (EMGS) have entered into a Settlement Agreement settling their patent disputes. On December 16, 2013 EMGS filed a complaint in the Unit...
Sembcorp Acquires Additional 44% Stake in Gravifloat
3/9/2016 - Sembcorp Marine Ltd (Sembcorp Marine) has acquired an additional 44% equity stake in Gravifloat AS (Gravifloat) for US$38 million (the “Acquisition”). This will bring the Company’s stake in Gravifloat...
HitecVision Merges Three Oil Companies & Invests NOK 3.5b
1/18/2016 - HitecVision merges three oil companies into Point Resources, a robust mid-sized independent oil company focused on the Norwegian Continental Shelf. The new company already has significant activity on ...
Statoil Acquires Minority Shareholding in Lundin Petroleum for SEK 4.6b
1/14/2016 - Statoil ASA has acquired 37,101, 561 shares in Lundin Petroleum AB (publ.), corresponding to 11.93 percent of the shares and votes, at a total purchase price of approximately SEK 4.6 billion. The inve...
Premier Oil Completes Sale of Norwegian Business
12/23/2015 - Premier is pleased to report that, further to the announcement made on 16 November 2015, the disposal of Premier Oil Norge AS to Det norske oljeselskap ASA for a net cash consideration of $120 million...
The Acquisition of Premier Oil Norge is Completed
12/22/2015 - Det norske oljeselskap ASA (DETNOR) announced 16 November an agreement to acquire Premier Oil Norway, which comprises all Premier Oil plc’s Norwegian assets for a net consideration of USD 120 million ...
DEA Completes Acquisition of E.ON E&P Norge
12/16/2015 - The acquisition of 100% of the shares of E.ON E&P Norge AS by DEA Norge AS has been completed on the 16th of December. With the deal, DEA Deutsche Erdoel AG enhances its presence in Norway and its lon...
Aker Solutions Employees Buy Shares for NOK 60 Million
12/15/2015 - Aker Solutions employees bought shares for NOK 60 million as part of annual programs for staff and managers. The company for the seventh consecutive year held share purchase programs to encourage empl...
Premier Agreed to Sell Norwegian Business
11/16/2015 - Premier has agreed to sell Premier Oil Norge AS (“PONAS”) which comprises all its Norwegian assets, to Det norske oljeselskap ASA (“Det norske”) for a cash consideration of $120 million. The proceeds ...
GE Oil & Gas to Acquire Advantec
10/30/2015 - GE Oil & Gas has agreed to acquire Advantec, a leading provider of subsea intervention equipment and services, to boost the company’s capabilities to offer cost-efficient products and services to cust...
Det norske Acquires Svenska Petroleum’s Norwegian Subsidiary
10/14/2015 - Det norske oljeselskap has entered into an agreement to acquire Svenska Petroleum Exploration AS for a cash consideration of USD 75million on a cash free, debt free basis. Svenska has 15employees in N...
DEA Accelerates Its Growth Strategy
10/14/2015 - DEA Deutsche Erdoel AG acquires 100% of the shares of E.ON’s Norwegian oil and gas business to create an enlarged Norwegian portfolio more than doubling its current production in Norway to 75,000 barr...
Yara to Sell its European CO2 Business for EUR 218 Million
9/15/2015 - Yara International ASA has signed a non-binding Heads of Terms with U.S.-based Praxair, Inc. to sell its European CO2 business for EUR 218 million. The agreement also includes a sale of Yara's remaini...
Ithaca Energy Agreed to Sell Ithaca Petroleum Norge for $60m
4/24/2015 - Ithaca Energy Inc. has entered into an agreement to sell its wholly owned subsidiary, Ithaca Petroleum Norge AS for an initial consideration of US$60 million. The Company also has the ability to earn ...
Marathon Oil Closes Transaction for Sale of Norway Business
10/15/2014 - Marathon Oil Corporation has closed the transaction with Det norske oljeselskap ASA for the sale of Marathon Oil Norge AS for a total transaction value of $2.7 billion. After adjustment for debt, net ...

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