APA 2020: Two licenses to M Vest Energy

On 19 January, the Ministry of Petroleum and Energy (MPE) offered 30 companies shares in a total of 61 production licenses on the Norwegian continental shelf in allocation in predefined areas (APA 2020). – For everyone in M ​​Vest Energy, it is perceived as a declaration of confidence that both our applications were granted by […]

Read more

OKEA to become operator of PL 972 Vette

In a press release from OKEA ASA, it was announced that Repsol Norge AS and OKEA have signed an agreement for the transfer of Repsol’s 40% share in the Vette license (PL 972) to OKEA. The agreement is subject to government approval. Director of Business Development and Exploration, Susanne Sperrevik, comments: « M Vest Energy […]

Read more

The acquisition of a five percent share in Polarled completed

This summer, M Vest Energy entered into an agreement with CapeOmega to purchase a five percent share in the Polarled gas pipeline. The purchase has now been approved by the authorities and the companies have completed closing. The purchase has been registered in the Petroleum Register. CEO, Jonny Hesthammer, states: “This is an important milestone […]

Read more

M Vest Energy to acquire 5% interest in the Polarled gas pipeline

M Vest Energy AS, an energy company with assets on the Norwegian Continental Shelf, is pleased to announce an agreement with CapeOmega AS to acquire a 5% working interest in the Polarled gas pipeline. Polarled is a 482 km pipeline initially built to carry gas from the Aasta Hansteen field in the Norwegian Sea to […]

Read more

– The start of a new era for M Vest Energy

M Vest Energy hit jackpot in the Awards in Predefined Areas 2018 (APA 2018) when the Ministry of Petroleum and Energy awarded the Bergen company ownership in four new production licenses. M Vest Energy was awarded 10 per cent…

Read more

M Vest Energy joins OFFB

Det ble fullt hus for M Vest Energy i Tildeling i forhåndsdefinerte områder 2018 (TFO 2018) da Olje- og Energidepartementet tildelte bergensselskapet andeler i fire nye utvinningslisenser…

Read more

Transaction completed

The transaction between seller P/F Atlantic Petroleum and M Vest Energy AS regarding the purchase of the assets in Atlantic Petroleum Norge was completed today January 20th. M Vest Energy will take over licenses, staff, IT-systems…

Read more

M Vest Energy is increasing in PL 528

M Vest Energy has conducted a swap with Point Recourses regarding participating interest in two exploration licenses, valid from 20.01.2017 M Vest Energy´s share is 15 % in PL659 (Barents Sea) is swapped in exchange for ten – 10 %…

Read more

M Vest awarded license in the licensing round TFO 2016

One month after M Vest received its approval as a license holder on the Norwegian Continental Shelf, the company has been awarded with its first license. «This is very delightful, and it is an evidence that we are considered fully…

Read more

M Vest Energy approved as a license holder on NCS

M Vest Energy was qualified today, December 19th 2016, by the Norwegian Oil and Energy Department as a license holder on the Norwegian Continental Shelf. Highly qualified employees and owners with industrial competence form…

Read more