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Kluge has advised on a new technology transaction

Stena Rederier AB announced on 18 December 2019 that it has entered into and closed an agreement to acquire 75 % of the shares in 7 Seas LNG & Power AS. The company has developed its own technology and will offer to the market a unique and proprietary Jetty-Less LNG to power solutions, built on flexible commercial structures.

Photo: Chris Pagen | Unsplash

A team from Kluge led by partner Snorre Haukali and attorney Espen Debes have assisted the founder of 7 Seas LNG & Power AS in the process.

For Kluge, this was yet another example of exciting technology developed in Norway being attractive for major global players.

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