Sval Energi acquires majority of Spirit Energy’s Norwegian assets for over $1 billion

  • By Rig Lynx
  • Dec 08, 2021
  • Category : Archives
  • Views :  

Sval Energi has signed an agreement with Spirit Energy to acquire the majority of Spirit Energy’s Norwegian operations and assets. By this Sval takes a significant step on its growth plan in Norway.

The USD 1,026 million transaction is the largest acquisition on the Norwegian Continental Shelf (NCS) since 2019. Under the agreement, Sval Energi will acquire the operations and assets of Spirit Energy Norway, apart from its ownership in the Statfjord fields, which will be acquired by Equinor.

Source: Sval Energi

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