Orlen to Acquire KUFPEC Norway for $445MM
Upon the closing of the transaction, Orlen's natural gas production in Norway will increase to over 141.26 billion cubic feet (4 billion cubic meters) annu...
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Upon the closing of the transaction, Orlen's natural gas production in Norway will increase to over 141.26 billion cubic feet (4 billion cubic meters) annu...
PGNiG Upstream Norway, a company of the ORLEN Group, is set to assume control of the entire operations of the hydrocarbon producer KUFPEC Norway. Following this transaction, the ORLEN...
Poland’s largest refiner Orlen SA agreed to purchase oil and gas producing assets on the Norwegian continental shelf from Kuwait Foreign Petroleum Exploration Co. for $445 million as part of an effort to diversify shipments of natural gas to the eastern European country.
Poland’s largest refiner Orlen SA agreed to purchase oil and gas producing assets on the Norwegian continental shelf from Kuwait Foreign Petroleum Exploration Co. for $445 million as part of an effort to diversify shipments of natural gas to the eastern European country.
The field will provide an estimated 17.66 billion cubic feet (0.5 billion cubic meters) of natural gas per year, to be delivered to Poland through the Balt...