Spirit Energy divests two Danish assets to INEOS
Published by Nicholas Woodroof,
Editor
Oilfield Technology,
The divestment is through a sale of Spirit’s two companies with licenses in Denmark. The two companies jointly own 40% in the Hejre discovery and 27.7% in the Solsort discovery.
The transaction is subject to approval from the relevant authorities and is expected to close later this year.
Dag Omre, Executive Vice President of Spirit Energy Norway & Denmark, said: “In line with our strategy of managing our portfolio, we evaluated these opportunities and concluded that they are no longer core to Spirit Energy.
“We look forward to working closely with INEOS in the coming months to conclude the transaction, as well as focusing on our portfolio of assets, developments and exploration opportunities across North-West Europe.”
Read the article online at: https://www.oilfieldtechnology.com/offshore-and-subsea/04032020/spirit-energy-divests-two-danish-assets-to-ineos/
You might also like
Global gas demand 2025
If current trends persist, future energy demand will outpace demand expectations in many scenarios, positioning natural gas as the most scalable and responsive solution to meet growing power needs and stabilise grids.