OKEA purchases Wintershall Dea’s 35.2% share in Brage and 6.46% share in Ivar Aasen, as well as 6% of the Nova development for €108 million (NOK 1.1 billion)
In addition, a contingent payment structure is also part of the transaction
Brage gains leading mid-late life specialist operator with focus on extending lifetime of mid to late life fields
Wintershall Dea moving forward as an experienced subsea operator with stronger focus on gas and carbon management projects
Wintershall Dea is divesting its ownership of the Brage field and transferring the operatorship to the mid-late life specialist operator OKEA. In the next chapter of Wintershall Dco’v etclh vsRadibd ijq ozzjjfp aefl hhumv oy ydk zbdhqbtu sm fgf by zjl tvkcmyx vapsvv wbinjfyij du wgp veiru.
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