Total has agreed to sell interests in a portfolio of 11 licences in Norway to AkerBP for a cash consideration of USD205 million. The portfolio includes four discoveries with net recoverable resources of 83mmboe.
The acquisition allows AkerBP to consolidate its position around the Alvheim, NOAKA and Skarv hubs as well as adding exploration acreage near its operated Ula field (AkerBP 80%). Increasing stakes in fields and discoveries and having...
