- 12 February 2016
Petrogas E&P to acquire oil interests in the North Sea
The international oil company Petrogas E&P acquires the Swedish oil company PA Resources AB's oil interests, including in Denmark.
PA Resources has just sold its oil interests in the North Sea, including those in Denmark. The buyer is Petrogas E&P. Petrogas is an international oil company with headquarters in Oman and key operations in the Middle East, Africa and Europe.
Bech-Bruun assisted Petrogas E&P in the Danish part of the transaction.
The transaction now awaits the approval of the energy authorities expected to be granted in the first quarter of 2016.