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09/08/2017at 12:49

Equity funds enter North Sea with billion-dollar investments

Three years after the oil plunge began, the market is now finally starting to restore itself – with wholly different prices and all new players. Some of these are major international equity funds entering the North Sea with billion-dollar investments. Read on to learn who these new funds are.
Photo: Photo Harald Pettersen - Statoil
BY KATRINE GRØNVALD RAUN & SØREN PICO, SHIPPINGWATCH

While the oil crisis has prompted several trend-setting oil companies such as Shell and ExxonMobil to scale down their North Sea activities, major international equity funds are increasingly setting their sights on the region, and they have in recent years invested billions of dollars in projects and acquisitions of medium-sized companies operating in the North Sea.

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  • Sustainability Lead on energy island Bornholm and energy island North Sea

  • Financing Associate

  • Electrical Engineer specialised in PV systems

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