In a strategic move to streamline its asset portfolio and focus on core operations, Vår Energi ASA has agreed to sell its late-life assets in the Norne area to DNO Norge AS. The deal, valued at a fixed after-tax consideration of USD 51 million, also includes an asset swap where Vår Energi will acquire DNO […]
Crescent Point Energy Corp. has finalized an agreement to divest certain non-core oil assets in Saskatchewan to Saturn Oil & Gas Inc. for a substantial sum of C$600 million in cash. This transaction encompasses properties such as Flat Lake and Battrum, with the deal expected to close by the late second quarter of 2024. Strategic […]
Orrön Energy AB has announced a significant transaction involving the sale of its 50 percent interest in the Leikanger hydropower plant in Vestland, Norway. The stake was sold for an enterprise value of approximately 613 million Norwegian Kroner (around 53 million Euros) to Sognekraft Produksjon AS, the existing partner in the project. This strategic divestiture […]