Offshore

Important oil base back under Norwegian ownership

Former J. Lauritzen partner HitecVision has offered a large sum of money in order to get the important Norwegian oil base at Mongstad back under Norwegian ownership.
Photo: Photo Øyvind Hagen - Statoil
Photo: Photo Øyvind Hagen - Statoil
by TOMAS KRISTIANSEN

Swedish investment fund EQT has sold the important oil base at Mongstad to fund HitechVision for almost NOK 4 billion (USD 500 million), reports Dagens Næringsliv. The newspaper was informed about the price by operators in the market.

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