- 20% share in Norwegian development licence goes to OMV
- Important step in RWE's disposal program
RWE AG, through its subsidiary RWE Dea Norge AS, reached an agreement on the sale of its 20% licence interest in the "Edvard Grieg" development in Norway to OMV (Norge) AS, a subsidiary of OMV AG, for a cash purchase price of € 247.9 million as per effective date 1 January 2012 plus a contingent payment of up to € 35 million based on achievement of certain operational milestones. The disposal of RWE Dea's stake in "Edvard Grieg" (PL338)represents further progress to create significant tsavcgobo jqnwjwsk dcy SEE.
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