Acquisitions and Divestitures News in Norway

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. ...
PSA Carried out Audit of Gassco's Facility
9/25/2017 - PSA has carried out an audit of Gassco's takeover of the operatorship of the Nyhamna onshore facility. During the audit, we had a presentation and held interviews with Gassco personnel about the takeo...
INPEX to Acquire Participating Interest in Exploration License PL767
9/15/2017 - INPEX CORPORATION (INPEX) announced that through its subsidiary INPEX Norge AS, it has entered into an agreement to acquire a 40% participating interest in exploration license PL767 (the License) loca...
Premier Oil Seeks Buyer for Stake in North Sea Gas Field
9/14/2017 - Premier Oil is seeking to sell half of its stake in the Babbage gas field in the North Sea, according to a document seen by Reuters, as it tries to pay down a heavy debt pile it accrued during the oil...
Total Divests its Remaining 15% Interest in Gina Krog Field to KUFPEC
9/4/2017 - Total has signed an agreement to divest its remaining 15% interest in the Gina Krog field in Norway to Kuwait Foreign Petroleum Exploration Company (KUFPEC). This agreement builds on the 2016 transact...
KUFPEC Doubles Its Interest in Gina Krog Field
8/30/2017 - Kuwait Foreign Petroleum Exploration Company k.s.c. (“KUFPEC”) announced that its wholly-owned subsidiary KUFPEC Norway AS has reached agreement to acquire a 15% interest in the Gina Krog field from T...
North Energy to Sell its 40% Working Interest in PL 805
7/7/2017 - North Energy ASA's (North Energy) subsidiary North E&P AS (North E&P) has signed an agreement with Lundin Norway AS (Lundin Norway) whereby North E&P will sell its 40% working interest in production l...
Lundin Petroleum Sells Brynhild Field Stake to CapeOmega
6/28/2017 - Lundin Petroleum AB (Lundin Petroleum) is pleased to announce that its wholly-owned subsidiary Lundin Norway AS (Lundin Norway) on 27 June 2017 entered into a sales and purchase agreement with CapeOme...
Pandion Energy Acquires All Licenses in Tullow Oil Norge
6/22/2017 - Pandion Energy AS (Pandion Energy) is pleased to announce that the company has been pre-qualified as licensee on the Norwegian Continental Shelf (NCS) and received an approval for the acquisition of a...
Acquiring ExxonMobil’s Operated Upstream Business in Norway
3/29/2017 - HitecVision and its majority owned portfolio company Point Resources are pleased to announce the signing of an agreement to acquire ExxonMobil’s operated upstream business in Norway from ExxonMobil Ex...
Sequa Petroleum Plans to Cease its Activities in Norway
2/9/2017 - Sequa Petroleum N.V. (Sequa) announces that following a strategic review it plans to cease its E&P activity in Norway conducted through Tellus Petroleum AS, and focus on acquiring assets elsewhere in ...
Faroe Petroleum Wins Four New Exploration Licences Offshore Norway
1/18/2017 - Faroe Petroleum, the independent oil and gas company focussing principally on exploration, appraisal and production opportunities in Norway and the UK, has been awarded four new prospective exploratio...
VNG Norge Wins Two Operatorships & Partnerships in APA 2016
1/17/2017 - The Ministry of Petroleum and Energy announced the Awards in Predefined Areas 2016. VNG Norge has been awarded the following: ...
DEA Awarded Two New Licences in Norway
1/17/2017 - Within the 2016 Awards in Predefined Areas (APA 2016), DEA was awarded two new licences by the Norwegian Ministry of Petroleum and Energy, thereof one as operator. ...
Norway Awards 56 Production Licences in APA 2016 Licensing Round
1/17/2017 - The Ministry of Petroleum and Energy today offers 29 oil-companies participation in 56 production licenses on the Norwegian Continental Shelf in the Award in Pre-Defined Areas 2016 (APA 2016) licensin...
Statoil Wins 29 New Production Licences on Norwegian Continental Shelf
1/17/2017 - In connection with the Award in Predefined Areas (APA) for 2016 Statoil has been awarded interests in 29 exploration licences on the Norwegian continental shelf (NCS), 16 of these as operator, and 13 ...
Lundin Norway Wins Four Licences in Norwegian Licensing Round
1/17/2017 - Lundin Petroleum AB (Lundin Petroleum) is pleased to announce that its wholly owned subsidiary Lundin Norway AS (Lundin Norway) has been awarded four exploration licence interests in the 2016 Norwegia...
Aker BP Offered 21 New Licences in APA 2016
1/17/2017 - Aker BP is offered interests in 21 new production licenses (licenses), including 13 new operatorships, at the Awards in pre-defined areas (APA) 2016. ...
DEA Strengthens its Position in the Njord Area
12/23/2016 - DEA strengthens the company’s position in Norway by acquiring participating interest in seven licences in the Njord area in the Norwegian Sea, including 20% increased interest in the Njord field, from...
Akastor Completes Sale of Fjords Processing to National Oilwell Varco
12/16/2016 - Reference is made to the stock exchange release dated October 27, 2016 regarding Akastor's agreement to sell Fjords Processing to National Oilwell Varco. All closing conditions have been fulfilled. ...

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