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Norwegian oil and gas player DNO has struck a new asset exchange deal to high-grade its North Sea portfolio. The latest move will enable it to swap assets with Orlen Upstream Norway, a subsidiary of Poland’s Orlen. The all-cash transactions are conditional on customary government approvals.
Verdande Cassio Orlen Upstream Norway Aker Norwegian Continental Shelf Bijan Mossavar Executive Chairman Production Based Offshore Energy Poland Shortly Mossavar-Rahmani Eldfisk Embla Change
North Sea oil & gas portfolio recalibration in progress with another asset swap deal
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