Acquisitions and Divestitures News in Norway

Shell Granted Drilling Permit for Well 6304/3-1 in PL 832
6/19/2018 - The Norwegian Petroleum Directorate has granted Norske Shell a drilling permit for wildcat well 6304/3-1 in production licence PL 832. Well 6304/3-1 will be drilled from the Scarabeo 8 drilling facili...
Aker BP Awarded 6 Licenses in Norway's 24th Licensing Round
6/18/2018 - Aker BP has been offered interests in six new production licenses in Norway, of which two as operator, in the 24th licensing round. All the new licenses are located in the Barents Sea. ...
Lundin Awarded 3 Licenses in Norway's 24th Licensing Round
6/18/2018 - Lundin Petroleum has announced that its wholly owned subsidiary Lundin Norway has been awarded three exploration licences in the 24th licensing round in Norway. All of the licences are located in the ...
Successful Completion of Sale of Fenja Field Interest
5/17/2018 - Faroe Petroleum plc, the independent oil and gas company focusing principally on exploration, appraisal and production opportunities in Norway and the UK, is pleased to announce the completion of the ...
Pandion Acquires 20% of PL 263 D & E from Equinor
4/16/2018 - Pandion Energy AS has entered into an agreement with Equinor Energy AS (Equinor) to acquire a 20 percent interest in licenses PL 263 D and PL 263 E, containing the Appolonia prospect. The licenses are...
Chrysaor Farms-in to Grevling Discovery in Norwegian North Sea
3/26/2018 - OKEA announces that Chrysaor, the leading oil & gas independent, has through its Norwegian subsidiary Chrysaor Norge A.S. entered into an agreement with OKEA to acquire a 15% interest in the PL038D li...
Approved Two PDOs
3/26/2018 - The Ministry of Petroleum and Energy approved the plans for development and operation (PDOs) for Valhall Flank Vest and the Skogul development on 23 march. Both are operated by Aker BP.
Shell Seeks to Sell out of Several Norwegian Fields
3/9/2018 - Royal Dutch Shell is selling out of the ageing Draugen field in Norway and is also offering small stakes in a number of other fields, according to a document seen by Reuters. ...
Faroe Petroleum Announces Sale of Interest in PL586 (Fenja) to Suncor Energy Norge
2/12/2018 - Faroe Petroleum has announced that it has executed a transaction with Suncor Energy Norge for the sale of a 17.5% working interest in the Fenja development located in PL586 in the Norwegian Sea. Highl...
Lime Petroleum Sells Stake in Norwegian Sea Licence
1/30/2018 - Rex International Holding Limited announces that its 90 per cent subsidiary Lime Petroleum AS has entered into an agreement to divest its 20 per cent participating interest in licence PL762 located in...
Transocean Shareholders Approve Acquisition of Songa Offshore SE
1/19/2018 - Transocean has concluded its extraordinary meeting of shareholders ('EGM') approving all of the proposals related to the acquisition of Songa Offshore SE. ...
DEA Awarded 5 New Licences in 2017 Awards in Predefined Areas (APA)
1/16/2018 - The Norwegian Ministry of Petroleum and Energy has awarded five new licenses to DEA in this year’s APA round. DEA’s Exploration Manager Svend Erik Pettersson is pleased with the results: ...
Record Number of Licenses Awarded for Exploration of the Norwegian Continental Shelf
1/16/2018 - The Norwegian Ministry of Petroleum and Energy offers the industry 75 production licenses on the Norwegian continental shelf in the Award in Pre-Defined Areas 2017 (APA 2017) licensing round. ...
Faroe Petroleum Awarded Eight Exploration Licences in Norway
1/16/2018 - 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 ...
Statoil Awarded New Production Licences on the Norwegian Continental Shelf
1/16/2018 - In connection with the Award in Predefined Areas (APA) for 2017 Statoil has been offered interests in 31 exploration licences on the Norwegian continental shelf (NCS), 17 of these as operator, and 14 ...
Pandion Energy to Partner with Aker BP on Valhall
12/4/2017 - Pandion Energy AS has entered into an agreement with Aker BP ASA to acquire a 10 percent interest in the Valhall area, including licences PL006B, PL033 and PL033B. ...
Statoil Takes Over Operatorships & Equity in the Martin Linge Field
11/27/2017 - Statoil and Total have agreed on a transaction whereby Statoil will acquire Total’s equity stakes in the Martin Linge field (51%) and the Garantiana discovery (40%) on the Norwegian continental shelf ...
UK & Norway Join Forces to Optimise Late Life Field Assets and Field Abandonment
11/13/2017 - The Industry Technology Facilitator (ITF) and Norwegian Energy Partners (NORWEP) are hosting joint technology hackathon events later this month to collectively tackle operator late life and decommissi...
Hess Sells its Oil & Gas Interests in Norway for $2 Billion
10/24/2017 - Hess Corporation announced several additional steps in the continued execution of its strategic plan to further focus the company’s portfolio and allocate capital to higher return assets: ...
DONG Receives Approvals for the Divestment of its Upstream O&G Business
9/28/2017 - On 24 May 2017, DONG Energy announced the agreement to divest the entire share capital of DONG E&P A/S to INEOS, including that closing of the transaction was subject to certain regulatory approvals. ...

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