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 look forward to continuing the collaboration with license partner ONE Dyas Norge, and welcome OKEA as the new operator for PL 972. Our goal is to mature the Vette field together towards a cost-effective field development.»
Link to press release: https://www.okea.no/acquisition-of-vette-discovery-from-repsol/