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M&A Deal Summary

Molgas Acquires Gasnor

On April 8, 2021, Molgas acquired oil/gas exploration company Gasnor from Norske Shell

Acquisition Highlights
  • This is Molgas’ 1st transaction in the Oil/Gas Exploration sector.
  • This is Molgas’ 1st transaction in Norway.

M&A Deal Summary
Date 2021-04-08
Target Gasnor
Sector Oil/Gas Exploration
Buyer(s) Molgas
Sellers(s) Norske Shell
Deal Type Divestiture

Target

Gasnor

Avaldsnes, Norway
Gasnor is a liquefied natural gas (“LNG”) platform provides LNG bunkering services to shipping companies, LNG infrastructure solutions to off-grid industrial sites, and pipeline gas to business customers. Gasnor was founded in 1989 and is based in Avaldsnes, Norway.

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Buyer(S) 1

Buyer

Molgas

Madrid, Spain
Category Company
Sector Energy Services and Equipment
DESCRIPTION

Molgas is a small-scale distributed LNG infrastructure platform in Europe. Molgas provides integrated LNG infrastructure solutions to off-grid industrial customers, owns and operates LNG filling stations for heavy-duty trucks and provides bunkering infrastructure and services to shipping companies. Molgas is based in Madrid, Spain.

DEAL STATS #
Overall 1 of 1
Sector: Oil/Gas Exploration M&A 1 of 1
Type: Divestiture M&A Deals 1 of 1
Country: Norway M&A 1 of 1
Year: 2021 M&A 1 of 1

Seller(S) 1

SELLER

Norske Shell

Tananger, Norway
Category Company
Sector Oil/Gas Exploration
DESCRIPTION

Norske Shell is an oil & energy company. Norske Shell is based in Tananger, Norway.

DEAL STATS #
Overall 1 of 1
Sector: Oil/Gas Exploration M&A 1 of 1
Type: Divestiture M&A Deals 1 of 1
Country: Norway M&A 1 of 1
Year: 2021 M&A 1 of 1
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