(IN BRIEF) ORLEN Upstream Norway has signed an agreement with Vår Energi to acquire a 20% stake in five Norwegian licences, including the producing Goliat field and the Goliat Ridge discovery. The transaction is expected to increase ORLEN’s oil and … Read the full press release →
Posted in Business, Energy, Gas & Oil, Environment, European Union, Industrial, Infrastructure & Utilities, International Trade, Investment, Norway, Poland
Tagged 20 percent stake, 3 BCM natural gas, 58 million barrels of oil equivalent, 60 million boe, Barents Sea, emissions intensity, Energy Independence, energy security, Equinor, European energy security, five licences, floating production storage and offloading unit, FPSO, gas production, Goliat field, Goliat FPSO, Goliat Ridge, infill wells, Ireneusz Fąfara, licence approval, local gas hub, natural gas production, Norway, Norwegian authorities, Norwegian Continental Shelf, Offshore Norge Climate and Environmental Report 2025, offshore operations, oil and gas portfolio, oil and gas reserves, oil production, ORLEN, ORLEN Targets Higher Norwegian Production with New Goliat Licence Portfolio Acquisition, ORLEN Upstream Norway, ORLEN Upstream Norway Investment Supports Long-Term Growth and European Energy Security, Poland, recoverable resources, renewable electricity, resource base, Upstream Investment, Vår Energi, Vår Energi operator, Wiesław Prugar
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