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Acquisitions and Divestitures News in Norway

Aker BP Strengthens Its Position in the Skarv Area
2/11/2020 - Aker BP has entered into an agreement with PGNiG Upstream Norway AS to swap its 3.3 percent interest in the non-operated Gina Krog field and an 11.9175 percent interest in licence 127C, in exchange fo...
Chrysaor Awarded 8 Licences in Norway in APA 2019
1/16/2020 - On the 14 January 2020 the Norwegian APA 2019 Offshore Licensing Round (Awards in Predefined Areas) were announced. Chrysaor Norge was awarded a total of eight licences with a variety of work programs...
17 New NCS Licenses for Var Energi
1/14/2020 - Var Energi AS is awarded 17 new licenses (7 as operator) on the Norwegian Continental Shelf during the Awards in Predefined Areas for 2019. ...
Wintershall Dea Secures Attractive Exploration Licenses
1/14/2020 - Wintershall Dea Norge has secured interests in nine new exploration licenses in Norway, including three as operator. In the Awards for Predefined Areas (APA) 2019 licensing round, Europe’s leading ind...
Pandion Energy Awarded 2 New APA Licenses
1/14/2020 - Pandion Energy has been awarded two licenses under the 2019 Norwegian APA (Awards in Pre-defined Areas) License Round on the Norwegian Continental Shelf. The APA award was announced by the Minister of...
DNO Receives 10 Awards in Norway's APA Licensing Round
1/14/2020 - DNO ASA, the Norwegian oil and gas operator, announced that its wholly-owned subsidiary DNO Norge AS has been awarded participation in 10 exploration licenses, of which two are operatorships, under No...
Five Licenses Awarded to OKEA in APA 2019
1/14/2020 - OKEA ASA has been awarded 5 new licences on the Norwegian Continental Shelf by the Ministry of Petroleum and Energy under the Award in Pre-Defined Areas (APA) for 2019, strengthening the company’s pos...
Equinor Awarded 23 New Licences on the Norwegian Continental Shelf
1/14/2020 - Equinor has been awarded 23 new production licences by the Ministry of Petroleum and Energy during the awards in predefined areas (APA) 2019 – 14 of the licences are Equinor-operated and 9 are partner...
New Exploration Award Secures on the Norwegian Continental Shelf
New Exploration Award Secures on the Norwegian Continental Shelf 1/14/2020 - The Norwegian Ministry of Petroleum and Energy offers 69 production licenses on the Norwegian continental shelf in the Award in Pre-Defined Areas 2019 (APA 2019). ...
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.

Var Energi turns one year old on Decem...
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...
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. ...

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