ORLEN has finalised the acquisition of KUFPEC Norway, a company engaged in exploration, development and production of crude oil and natural gas. ORLEN’s own gas production in Norway would increase by more than 1 billion cubic metres annually. As previously reported by ORLEN, the contractual price of the transaction is USD445m and it includes the value of the acquired deposits as well as the value of KUFPEC Norway’s other assets, including cash. (ICE VARSAVIA)

Fonte notizia: bankier.pl