Congratulations to Sval Energi for completing USD 1.3 billion in contracts!!
5 October, 2022InternationalMaritimeOffshore NewsUpstream
Sval Energi AS strengthens its position on the Norwegian Continental Shelf by closing the previously announced Martin Linge and Greater Ekofisk Area transactions with Equinor and the acquisition of Suncor Energy Norge AS.
✔The acquisitions from Equinor of holdings in the Martin Linge Unit and the Greater Ekofisk Area closed 30 September, with an effective date of 1 January 2022. ✔The acquisition of Suncor Energy Norge AS closed 30 September, with an effective date of 1 March 2022. ✔The transactions add around 34,000 barrels of oil equivalent per day to Sval’s production.
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