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Home›Business & Finance›Poland’s Orlen strengthens its Norwegian oil & gas portfolio with acquisition wrap-up
Business & Finance

December 22, 2025 · about 7 months ago

Poland’s Orlen strengthens its Norwegian oil & gas portfolio with acquisition wrap-up

Orlen Upstream Norway, a subsidiary of Poland’s Orlen, has brought into its fold the interests Norwegian oil and gas player DNO held in two fields off the coast of Norway.

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PPF; Source: ConocoPhillips

Wiesław Prugar , Vice-President of the Management Board of Orlen for Upstream, highlighted: “Orlen’s combined reserves from Albuskjell, Vest Ekofisk, and Tommeliten Gamma total around 25 million barrels of oil equivalent, including more than 3 billion cubic meters of gas.

“Holding interests in all three fields gives us financial and operational synergies. This allows us to deliver on the objectives of the Orlen 2035 Strategy in a cost-effective manner, maximizing the positive impact of Upstream business on the Group’s performance.”

While the first gas is scheduled in Q4 2028, Orlen expects to produce 3.4 million barrels of oil equivalent annually at peak output from the PPF, including over 400 million cubic meters of gas.

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