Category: Transactions

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Pandion acquires exploration acreage offshore Mid-Norway

Pandion acquires exploration acreage offshore Mid-Norway

Pandion Energy AS  has entered into an agreement with Equinor  to acquire a 20 percent interest in licenses PL 263 D and PL 263 E, containing the Appo [...]
Private equity looking to sell

Private equity looking to sell

Many small oil and gas exploration companies on the UKCS and NCS are funded by private equity money and at some point, they want to sell again or list [...]
OKEA strengthens position around Draugen

OKEA strengthens position around Draugen

The transaction between Shell and OKEA is already effective since 31st of January. OKEA is operator in PL 958 with 50% working interest. The other par [...]
Securing extra volumes for Dvalin

Securing extra volumes for Dvalin

DEA announced a deal with Edison and Petoro to align the partners and equities in PL 211 with the Dvalin license PL 435 in order to simplify a future [...]
Marathon Oil exits UK

Marathon Oil exits UK

Marathon Oil and RockRose Energy have entered into a purchase agreement for the sale of Marathon Oil UK and West of Shetland. Marathon Oil thereby exi [...]
Shell farm-in to licenses in the southern North Sea

Shell farm-in to licenses in the southern North Sea

Shell will acquire a 70% working interest in Licence P2252 from Cluff Natural Resources and will be appointed licence operator. In addition, Shell has [...]
US player to North Sea

US player to North Sea

The South-Texas focused unconventional petroleum company Talon Petroleum has entered an agreement to purchase EnCounter Oil. Talon Petroleum is buildi [...]
Lundin strengthens position in Basement Play

Lundin strengthens position in Basement Play

In a press release Lundin Petroleum announced an agreement with Lime Petroleum to acquire Lime’s entire acreage on the Utsira High. Lundin Norway’s wo [...]
Equinor operator in West of Shetland

Equinor operator in West of Shetland

Equinor and Chevron have completed their transaction announced in October 2018, whereby Equinor has acquired Chevron’s 40% operated interest in the Ro [...]
Pandion enters Norwegian Sea

Pandion enters Norwegian Sea

Pandion Energy has announced to have taken over the 30% working interest of Aker BP in PL 842, in blocks 6608/10, 11 and 12, E-NE of the Norne Field ( [...]
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