Noble Energy, Inc. has closed the previously announced sale of the Dumbarton and Lochranza assets in the North Sea to Maersk Oil North Sea Limited.
Proceeds from the transaction were $117 million and included final closing adjustments from the effective date of January 1, 2012.
Maersk Oil has bought Noble’s 30% interest in the offshore fields, as well as the Global Producer III FPSO in the UK Central North Sea.
The Danish company now holds a 100% interest in Dumbarton and Lochranza and complete control of Global Producer III FPSO. Dumbarton and Lochranza produce combined around 20,000 barrels of oil equivalent per day.
[mappress] Offshore Energy Today Staff, August 14, 2012