DNO ASA has agreed to sell its Côte d’Ivoire oil and gas business to Panoro Energy ASA for $86.5 million as the Norwegian operator concentrates its portfolio around its expanded North Sea operations. The transaction covers DNO CI LLC, the company through which DNO holds its interests in Côte d’Ivoire. Total consideration consists of $65.1 million in cash and […]
DNO ASA entered into an offtake agreement with France’s ENGIE SA for DNO’s Norwegian gas production and secured a related offtake financing facility with a major U.S. bank for up to $500 million.
Norwegian oil and gas operator DNO ASA has reached an agreement to acquire 100% of its compatriot and rival Sval Energi Group from European private equity firm HitecVision, the parties announced on Friday.