Polish gas utility PGNiG has reportedly cut a “conditional” deal with ExxonMobil for its 15-percent piece of three Norwegian offshore licenses, including the Skarv stake.
The Poles will pay $360 million to farm into the Norwegian Sea gas and exploration plots, news agency AFX reported Thursday without naming Skarv
In a podcast press conference on the company’s Web site, excited management appeared to be outlining their first-ever, international upstream acquisition.
The news agency said the acreage in question was BP operated, with Shell, Statoil and Norsk Hydro on as licensees.
Polish politicians have said they are keen to diversify away from Russian supplies of gas, and negotiations over Troll gas stretch back several years.
The Skarv development on Blocks PL 212, PL212B & PL262 will begin exporting gas into the Assgard Transport system in 2011, a date consistent with the Poles’ remarks.
Some 93 million barrels of oil plus 14.8 standard cubic metres of ags are available at Skarv, and 15 million Scm were once alotted for export, although the “export profile” was said by BP Norge to determine the true export volumes.
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