OKEA acquires 28% working interest in PL037 (Statfjord Area) from Equinor
Trondheim, 20 March 2023 – OKEA ASA (“OKEA”) is pleased to announce that it has entered into an agreement with Equinor Energy AS (“Equinor”) to acquire 28% working interest (“WI”) in PL037 (Statfjord Area) with effective date 1 January 2023 for an initial fixed consideration of USD 220 million (the “Acquisition”).
Statfjord C. Source: Equinor
Highlights
· Acquisition of 28% WI in PL037 from Equinor, comprising 23.93123% WI in Statfjord Unit, 28% WI in Statfjord Nord, 14% WI in Statfjord Øst Unit and 15.4% WI in Sygna Unit · Effective date 1 January 2023 with expected