Posts by Alex Hazel
Norway M&A | PGNiG and Equinor harmonise Gina Krog area interests
On 4 June, PGNiG acquired a 19.5% interest in the Eirin development from Equinor for an undisclosed consideration. The deal harmonises interests in the Gina…
Read MoreNorway M&A | Concedo acquires Bøyla area interest from Vår Energi
On 24 May 2024, Concedo acquired Vår Energi’s 20% interest in the Bøyla field and the Froskelår discovery for US$24 million. The effective date of…
Read MoreNorway M&A | DNO acquires Vår Energi’s Norne area assets
On 8 May 2024, DNO announced the acquisition of Vår Energi’s Norne area assets comprising the producing Norne (6.9%), Skuld (11.5%), Urd (11.5%) and Marulk…
Read MoreUK Licensing | 33rd Round T3 awards led by small companies
On 3 May 2024, the NSTA announced the provisional awards in the third tranche of the 33rd Offshore Licensing Round. A total of 31 licences…
Read MoreNorth Sea redevelopments ‘on the rise’, but which projects are seeing success?
Vice president of operations for Europe at Welligence Energy Analytics, David Moseley, noted this trend. “The number of redevelopment projects in the UK is on…
Read MoreUK M&A | Ithaca Energy and Eni agree North Sea merger
On 23 April 2024, Ithaca Energy announced that the proposed merger with Eni’s North Sea business, as reported as part of its 2023 results on…
Read MoreEurope Q1 2024 M&A Quarterly | Deal making on pause, but for how long?
Just one asset deal was announced in Q1 2024, a step change from the nine in Q4 2023, representing a low level of activity not…
Read MoreUK M&A | Ithaca Energy and Eni propose North Sea merger
On 27 March 2024, Ithaca Energy released its 2023 results and simultaneously announced that it had entered into a four week long Exclusivity Agreement in…
Read MoreIndustry challenges analysis claiming windfall tax win for UK Treasury
“The introduction of the EPL made companies a lot more uncertain around progressing greenfield and brownfield projects,” Welligence Energy Analytics vice-president of operations David Moseley…
Read MoreNorway | What next for Vår Energi after Neptune Energy Norge takeover?
Following the takeover of Neptune Energy Norge, the report explores Vår’s announced strategy and potential paths to meet its announced targets. ACCESS PDF
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