In October 2014, DEA announced its acquisition of E.ON's Norway upstream business for US$1.6 billion. The deal includes the onstream Skarv and Njord fields that will double DEA’s 2015 production. Bidding for the attractive package was competitive and DEA has been aggressive, paying a premium price in the current market environment. The industry will be paying particular attention to the deal as it gives an insight into the going rate for an attractive package in the current environment.
Table of contents
Upsides and risks
Oil & gas pricing and assumptions
Tables and charts
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