Key aspects from the full financial review: Total income in the second quarter 2021 amounted to MNOK 15.6, (0.0 in 2020). The increase is due to the acquisition of a 5% share in the Polarled gas pipeline with completion 30.11.2020. On an annual basis, delayed start-up of Dvalin has an estimated negative impact of 18 […]
(Bergen, 12 November 2021) M Vest Energy AS (MVE) today announces the purchase of 7.56% working interest (WI) in Draugen, 4.4424% WI in Brage, and 0.8% WI in Ivar Aasen from Neptune Energy Norge AS (“Neptune”). In addition to the oil and gas producing fields, the transaction includes a 1.2092% WI in Edvard Grieg oil […]
Key aspects from the full financial review: Total income in the second quarter 2021 amounted to MNOK 16.0, (0.0 in 2020). The increase is due to the acquisition of a 5% share in the Polarled gas pipeline with completion 30.11.2020. On an annual basis, delayed start-up of Dvalin has an estimated impact of 18 MNOK […]
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 […]
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 […]
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 […]
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 […]
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…
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…
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…
