Det Norske tanks up on Marathon deal

Cash generator: acquisition of Marathon assets for Det Norske chief Karl Johnny Hersvik

The boss of Det Norske Oljeselsjap has categorically ruled out any farm-down on its under-development Ivar Aasen project after securing Marathon Oil’s assets off Norway that will generate much-needed cash to fund upcoming field commitments.

User

Become an Upstream member!

Membership includes a subscription to our weekly newspaper providing in-depth news from the energy industry, plus full-access to this site and its archives. Still not convinced? Try our free trial.

Already a member?

Login