Okea NKr4.5 billion acquisition of Norske Shell’s interest in the Draugen and Gjøa fields

1/6/2018

Private acquisition

Value:

NKr 4.5 billion

Dollar value:

$ 487.132 million

Status:

Announced

Date:

1/6/2018

Overview:

Norwegian oil production company Okea has agreed to acquire Norske Shell’s interest in the Draugen and Gjøa fields for NKr4.5 billion.

Prin Shasiharan - Researcher

Jurisdiction:

Norway

Deal type:

Private acquisition

Practice area:

M&A

Industry sector:

Oil and gas

Firms:

Haavind

Party: Seacrest Capital Group (Investor)

Lawyers: Bård Sandstad, Cornelius Sogn Ness, Preben Brecke

Selmer

Party: Okea (Acquirer)

Lawyer: Øyvind Olimstad

Wikborg Rein

Party: ABG Sundal Collier (Manager)

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