Deal insight

Norway State DFI acquires Faroe Petroleum’s interest in the Maria discovery in a swap deal. Swap deal ID 11788

Loading current market price

Get this report

Loading current market price

Get this report as part of a subscription

Enquire about Subscriptions

Already have subscription? Sign In

Further information

Pay by Invoice or Credit Card FAQs

Contact us

For further information about this report submit the form below.

Report summary

Faroe Petroleum and Petoro which manages the Norwegian State's Direct Financial Interest (SDFI) portfolio have announced a swap deal involving a series of Norwegian assets. Faroe has acquired Petoro's interest in the Brage Hyme Jotun Njord and Ringhorne Øst fields in exchange for its share in the Maria discovery. There is no cash component to the deal but Petoro will retain decommissioning liabilities up to NKr 600 million (US$103 million) on the divested assets that ...

What's included

This report contains

  • Document

    Norway State DFI acquires Faroe Petroleum’s interest in the Maria discovery in a swap deal. Swap deal ID 11788

    PDF 459.43 KB

Table of contents

Tables and charts

This report includes 8 images and tables including:

Images

  • Maria - project delay sensitivity; price and production sensitivity
  • Faroe Petroleum - capex and upstream cash flow
  • Petoro - SDFI portfolio (excludes top ten projects, and pipelines)

Tables

  • 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 1

Questions about this report?

  • Europe:
    +44 131 243 4699
  • Americas:
    +1 713 470 1900
  • Asia Pacific:
    +61 2 8224 8898