Norway: Centrica Buys Fogelberg Discovery from North Energy

North Energy has today entered into an agreement to sell its interest in licence 433 (Fogelberg) for NOK 70 million to Centrica Resources (Norway). Production licence 433, located in Norwegian sea, contains the Fogelberg gas/condensate discovery proven in 2010. North Energy holds 12 per cent of the licence. In 2011 the licence partnership decided to [...]