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On 5 December 2018 Faroe Petroleum announced that it has entered into a swap agreement with Equinor, where Faroe Petroleum transfers participating interests in three development assets (Njord, Bauge and Hyme) to Equinor and Equinor transfers participating interests in four producing assets (Ringhorne East, Vilje, Alve and Marulk) to Faroe Petroleum, all on the Norwegian continental shelf. The agreement was signed in Kluge’s offices in Stavanger on the evening of 4 December.

Kluge has contributed to the ICLG

Associate Partner Linn Hoel Ringvoll and Partner Snorre Haukali has contributed to Global Legal Group's publication on Project Finance.

Neptune Energy Group ("Neptune") announced on 28 June 2018 that it has entered into a Sale and Purchase Agreement to acquire 100 % of the shares of VNG Norge AS ("VNG Norge") from VNG AG, the German natural gas wholesaler and energy service provider.

New premises for our Stavanger office

Our office in Stavanger will move to Herbarium in the first quarter of 2020, a new landmark building in the heart of Stavanger. Herbarium is the largest city development project in the center of Stavanger in 50 years. The project is led by Øgreid Eiendom.

We have the pleasure of inviting you to our Drinks Reception in connection with ONS 2018. The event will take place at NB!Bar in Stavanger - located on the quay side in the centre of Stavanger.

On 3 May 2018 the Norwegian Ministry of Foreign Affairs hosted its annual meeting on Norwegian export control and sanctions. On the meeting the ministry gave an update on their priorities in 2018. In this newsletter we have summarised what we see as the most important matters from this years meeting.

Finansavisen each year cites whom Norway's best law firms regards as leading in the industry. For several years Kluge has been a leader in public procurements, and Kluge once again confirms this position.

Offshore Summit 2018 | Stavanger

Reserve the 11th of April for participation at this year's Offshore Summit - digitalization and innovation are on the agenda!

New Partner in Kluge

We are proud to welcome Hans Ingvald Stensholdt to the Kluge partnership. He joined the position in January 2018.