Deal insight
Centrica acquires asset package from Statoil in Norway's Heimdal Area
Report summary
Centrica has acquired part of Statoil's interests in the Norwegian Kvitebjørn, Heimdal and Valemon fields, its full interests in the Skirne-Byggve and Vale fields, plus five technical discoveries. All of the transferred assets are located in Centrica's existing core Heimdal area. The consideration is US$1,625 million, of which US$100 million is contingent on future production performance from Kvitebjørn. We value the assets at US$1,133 million (NPV10, discounted to 1 ...
What's included
This report contains
Table of contents
- Executive summary
- Transaction details
-
Upstream assets
- Kvitebjørn
- Heimdal
- Valemon
- Skirne & Byggve
- Vale
-
Technical assets
- Fulla
- Øst Frigg Gamma/Delta
- Rind/Lille Frøy
- Deal analysis
- Upsides and risks
-
Strategic rationale
- Statoil
- Centrica
- Oil & gas pricing and assumptions
Tables and charts
This report includes 9 images and tables including:
Images
- Wood Mackenzie NPV10 sensitivities - gross figures for Valemon and Kvitebjørn
- Centrica - capex and upstream cash flow
- Map
Tables
- Upstream assets: Table 1
- Deal analysis: Table 1
- Deal analysis: Table 2
- Oil & gas pricing and assumptions: Table 1
- Oil & gas pricing and assumptions: Table 2
- Upstream assets: Table 2
You may be interested in
Company report
CNPC corporate - global upstream portfolio analysis
Company report
ExxonMobil corporate report
Company report
INPEX Corporation corporate - reported results analysis
Questions about this report?
-
Europe:+44 131 243 4699
-
Americas:+1 713 470 1900
-
Asia Pacific:+61 2 8224 8898