Atlantic withdraws from Norwegian offshore E&P

Atlantic Petroleum has completed the sale of its Norwegian activities to M Vest Energy.

Offshore staff

TORSHAVN, Faroe IslandsAtlantic Petroleumhas completed the sale of its Norwegian activities to M Vest Energy, first announced last March.

These include various interests in licensesoffshore Norway, and the associated liabilities and employees.

CEO Ben Arabo said: “Atlantic Petroleum will now focus on creating value from Orlando and Kells in the UK [North Sea], and pursue new ventures in line with the company’s new strategy.”

01/23/2017

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