Announced
Completed
Financials
Tags
Norway
Private
Integrated Oil and Gas
Friendly
Majority
Domestic
Completed
Single Bidder
Acquisition
energy production
Synopsis
Sval Energi, an oil and gas company, completed the acquisition of Edison Norge, a company that controls the group's hydrocarbon exploration and production activities in Norway, for $300m. “Sval is a fast-moving growth business.This acquisition is another step in our clear ambition, demonstrating that we are determined to become a significant player on the NCS. We are always on the lookout for profitable business opportunities," Nikolai Lyngø, Sval CEO.
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