ORLEN’s Norwegian subsidiary has finalized the acquisition of a 7.6% interest in the Albuskjell and Vest Ekofisk fields in the North Sea from DNO, following fulfillment of contractual conditions in December 2025. This transaction adds approximately 8 million barrels of oil equivalent to ORLEN’s resource base. The Albuskjell and Vest Ekofisk fields, together with Tommeliten Gamma—where ORLEN increased its stake to 62.61% earlier this year—are being developed as part of the Previously Produced Fields (PPF) Project. The license partners, including ConocoPhillips Skandinavia AS, Vår Energi ASA, and Petoro AS, recently reached a final investment decision to proceed with the project. The fields are expected to deliver their first gas in the fourth quarter of 2028, ultimately boosting ORLEN Upstream Norway’s production by 420 million cubic meters of gas annually. Combined reserves from the three fields total around 25 million barrels of oil equivalent, including more than 3 billion cubic meters of gas.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Orlen SA published the original content used to generate this news brief on December 22, 2025, and is solely responsible for the information contained therein.
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