1. Home >
  2. M&A >
  3. Add-on Acquisition >
  4. Norway >
  5. Noreco Acquires Altinex ASA

M&A Deal Summary

Noreco Acquires Altinex ASA

On July 23, 2007, Noreco acquired oil/gas exploration company Altinex ASA

Acquisition Highlights
  • This is Noreco’s 2nd transaction in the Oil/Gas Exploration sector.
  • This is Noreco’s 1st transaction in Norway.

M&A Deal Summary
Date 2007-07-23
Target Altinex ASA
Sector Oil/Gas Exploration
Buyer(s) Noreco
Deal Type Add-on Acquisition

Target

Altinex ASA

Stavanger, Norway
Altinex ASA engages in exploration and production of oil and gas with interests in the North Sea area.

Search 214,238 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try Free

Buyer(S) 1

Buyer

Noreco

Stavanger, Norway
Category Company
Founded 2005
Sector Oil/Gas Exploration
DESCRIPTION

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.

DEAL STATS #
Overall 2 of 3
Sector: Oil/Gas Exploration M&A 2 of 3
Type: Add-on Acquisition M&A Deals 2 of 2
Country: Norway M&A 1 of 1
Year: 2007 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2006-05-11 Denerco Oil A/S

Holte, Denmark

Denerco Oil A/S is a privately owned upstream Danish oil and gas company headquartered in Copenhagen and with activities in the Danish, German, Dutch and UK sectors of the North Sea as well as onshore Oman.

Buy kr.2.2B
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2018-10-17 Shell Olie-Og Gasudvinding Denmark Pipelines ApS

Denmark

Shell Olie-Og Gasudvinding Denmark Pipelines ApS is a provider of an oil and gas exploration services in Denmark.

Buy -
Mergr

Solution for

Product

Company

Legal