Altinex ASA

Danish Underground Oil Exploration Project - Acquisition

Borrower(s)
Altinex ASA
Industry
Oil & gas/Oil - Upstream (Exploration and production)
Area of finance
Project & Infrastructure Finance
Region
Europe
Europe
Countries
Norway

Deal Overview

In 2019, Noreco acquired the Royal Dutch Shell Plc upstream assets in Denmark. The portfolio consists of 36.8% interest in the Danish Underground Consortium and in License 8/06B as well as 100% of the shares in Shell Olie-Og Gasudvinding Danmark Pipelines ApS. The DUC is the largest oil and gas...

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Deal Volume
$900m
Financial Close
31/07/2019
Dealmakers
Sources

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Tranches

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Project Deals

Danish Underground Oil Exploration Project
$699.2m
Greenfield
Oil - Upstream (Exploration and production)
Europe
Europe
Denmark
Olie-Og Gasudvinding Danmark Pipelines
$1.2bn
Greenfield
Oil - Midstream (Transportation)
Europe
Europe
Denmark