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 (20%) fields and Verdande development (10.5%) in exchange for its 22.62% interest in Ringhorne Øst and a cash consideration of US$51 million. The effective date will be 1 January 2024 with deal completion expected in Q3 2024.

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