Deal Insight
Orlen buys as KUFPEC exits Norway
Report summary
On 20 November 2023, PGNiG (the Norwegian arm of the ORLEN Group) announced it had entered into an agreement to buy KUFPEC Norway, a subsidiary of Kuwait Foreign Petroleum Exploration Company, for US$445 million. KUFPEC Norway comes with ~US$80 million of net cash as at the January 2023 effective date, resulting in a net acquisition price of US$365 million.
Table of contents
- Executive summary
- Transaction details
- Upstream assets
- Deal analysis
- Upsides and risks
-
Strategic rationale
- Orlen
- KUFPEC
- Oil & gas pricing and assumptions
Tables and charts
This report includes 6 images and tables including:
- Executive summary: Table 1
- 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
What's included
This report contains:
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