TotalEnergies exits three mature fields in Norway’s Ekofisk area
TotalEnergies EP Norge signed two agreements to divest its non-operated interests in three inactive Norwegian fields, pending an investment decision expected in 2025.
| Countries | France, Norvège |
|---|---|
| Companies | Vår Energi |
| Sector | Pétrole, Gaz, Exploration production, Exploration production |
| Theme | Investissements & Transactions, Transfert d'Actifs Énergétiques |
TotalEnergies EP Norge has signed two separate agreements to divest its non-operated stakes in three oil fields located in the North Sea. The French company is exiting the Tommeliten Gamma field (20.23%) in favour of Orlen Upstream Norway, and the West Ekofisk and Albuskjell fields (39.89%) in favour of Vår Energi. These assets are located in the Ekofisk area and are part of the “Previously Produced Fields Project” (PPF), which aims to redevelop previously exploited fields.
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