ONE lifts stakes in Dutch North Sea fields

Oranje-Nassau Energie (ONE) has acquired the entire issued share capital of Noble’s European subsidiary Noble Energy Europe.

Offshore staff

AMSTERDAM, the Netherlands – Oranje-Nassau Energie (ONE) has acquired the entire issued share capital of Noble’s European subsidiary Noble Energy Europe.

Assets comprise a 15% interest in the producingHanze oil field and 9% in the Pliocene gas field, both in block F2a in the Dutch North Sea. The transactions lift ONE’s interests in the two fields respectively to 35% and 21%.

Alexander Berger, CEO of ONE, said: “The recent Pliocene gas development has further increased the value of the F2a block and operator Dana has showed an outstanding performance with highest safety performance and excellent facility uptime.”

6/27/2013

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