Orlen Group secures natural gas production in Norway
14:13
ORLEN Group will acquire a 20% stake in the Atlantis field on the Norwegian Continental Shelf, one of the largest discoveries in the last decade. This deal with Source Energy, via PGNiG Upstream Norway, will help maintain a high level of natural gas production in Norway. The gas will be delivered to Poland through the Baltic Pipe. Atlantis, discovered in 2020, has resources estimated at over 13 million barrels of oil equivalent, primarily gas. The field requires further development in the coming years. Equinor, also the operator, will be the other stakeholder.
The transaction awaits approval from the Norwegian Ministry of Energy.
