Atlantic strengthens offshore Norway ties with Repsol

Atlantic has agreed to farm out 6% of its 15% stake in Norwegian Sea license PL528/528B to Repsol.

Aug 25th, 2014

Offshore staff

TORSHAVN, Faroe IslandsAtlantic has agreed to farm out 6% of its 15% stake in Norwegian Sea license PL528/528B to Repsol.

The deal is subject to approval byNorway’s government.

Atlantic CEO Ben Arabo said his company was already working with Repsol in two other licenses in the Norwegian Sea.

08/25/2014

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