Noreco - M&A Summary and Business Overview

Oil/gas ExplorationCompany

Noreco M&A Summary

Noreco has acquired 3 companies. A total of 1 acquisition came from private equity firms.

Noreco’s largest acquisition to date was in 2006, when it acquired Denerco Oil A/S for $332M. Noreco has acquired in 2 countries. The Company’s most targeted sectors include oil/gas exploration (100%).

Noreco Business Overview

Where is Noreco headquartered?

Noreco is headquartered in Stavanger, Norway.

What sector is Noreco in?

Noreco is an oil/gas exploration company.

When was Noreco founded?

Noreco was founded in 2005.

M&A Summary

  • M&A Total Activity3
    • M&A Buy Activity3
  • Total Sectors Invested 1
  • Total Countries Invested 2
  • M&A Buy/Sell Connections 2

Noreco

Norwegian Energy Company ASA

Haakon VII's gt 9 PO Box 550 Sentrum,
Stavanger, 4003
Norway,
47-99-28-39-00
www.noreco.no

Norwegian Energy Company ASA is an independent oil and gas company with activities in Norway, Denmark and the United Kingdom. Noreco’s main focus is to explore for oil and gas, and the company is among the largest holders of exploration licenses in Norway.In addition, the company has ownership in eight producing oil fields and more than a dozen oil and gas discoveries.


M&A Summary

Buy vs Sell

Year ≤ '19 '20 '21 '22 '23 '24 T
Buy (0.0/yr) # 3 - - - - - 3
vol $332M $332M
Sell (0.0/yr) # - - - - - - 0
  3

Most Recent M&A

Company Date Value Type
Shell Olie-Og Gasudvinding Denmark Pipelines ApS 2018-10-17 - Divestiture
, Denmark
Altinex ASA 2007-07-23 - Add-on Acquisition
Stavanger, Norway
Denerco Oil A/S 2006-05-11 332M DKK Add-on Acquisition
Holte, Denmark
View All >>

M&A by Sector

Sector Buy # Value Sell # Value
Oil/Gas Exploration 3 (100%) 332M (100%) - -
Total 3 $332M - -

By Geo

State/Country Buy Value Sell Value
Denmark 2 332M - -
Norway 1 - - -
Domestic 1 (33%) - - -
Cross-border 2 (67%) 332M (100%) - -
Total 3 $332M - -

Deal Values

buy # Total
$100M to $1B 1 $332M
TOTAL $332M
Largest Denerco Oil A/S
$332M (2006-05-11)

M&A Connections

Deals
Acquired from
Investor(s)
33%
1 (33%)
Strategic(s)
33%
1 (33%)

Company Summary

SECTOR

Oil/Gas Exploration

Established

2005

 Subscribe to unlock this and 201,535
investor and company profiles

Sign-up today to get full access

  • check  Unlimited Searches
  • check  Unlimited Profile Views
  • check  Build and Export Lists of
    • PE Backed Companies
    • Direct Investors & Acquirers
    • Advisors
    • Deals
    • & More
1 Week Free Trial Learn More

What's Mergr?

We built Mergr to save people the arduous and time-consuming process of tracking when companies are bought, sold, and who currently owns them.

Every day, new opportunities emerge around M&A and we help professionals of all types comb through transactions, investors, and corporate acquirers via an easy-to-use web database that is accessible to anyone.

Try us for 1 week free today!

Mergr, the Easiest-to-Use PE and M&A DB

Key Benefits

  • Stay informed on events in your industry
  • M&A research that takes seconds (not all afternoon)
  • Better understand your customers and prospects
  • Discover active buyers (or sellers)
Search
  • 4.5K Private Equity Firms
  • 193K M&A Transactions
  • 197K Companies Involved in M&A
    (Buyer, Seller, or Target)
  • 3.6K M&A Advisors
    (Investment Banks and Law Firms)
  • 75K M&A Contacts
    (PE and M&A Advisors)

Ready to try?

Join FREE for 1 Week

No obligation. Cancel anytime.

Related Lists for Noreco

Oil/Gas Exploration Companies , Norway Companies

Related Lists for Oil/Gas Exploration Companies

Largest Oil/Gas Exploration Companies , Acquisitive Oil/Gas Exploration Companies , Recently Acquired Oil/Gas Exploration Companies , Recently Sold Oil/Gas Exploration Companies , Private Oil/Gas Exploration Companies , Public Oil/Gas Exploration Companies , Acquired Oil/Gas Exploration Companies , PE Backed Oil/Gas Exploration Companies

Related Lists for Norway Companies

Largest Norway Companies , Acquisitive Norway Companies , Recently Acquired Norway Companies , Recently Sold Norway Companies , Private Norway Companies , Public Norway Companies , Acquired Norway Companies , PE Backed Norway Companies
Mergr

Product

Company

Legal