Kistos Holdings plc said that production has been deferred from the end of 2024 to the second quarter of 2025 at the Balder X development project in the Norwegian North Sea. GROWTH The company acquired a 10% interest in Balder, comprising the Balder and Ringhorne fields, and a 7.4% stake in the Ringhorne East unit […]
Tag: Balder field
Kistos turns from ‘difficult’ UK to Norway
Kistos Holdings plc plans to expand into the Norwegian Continental Shelf with a conditional agreement to acquire Mime Petroleum A.S. BALDER – RINGHORNE Executive chairman Andrew Austin said that commodity price volatility and fiscal uncertainty had made it difficult to agree deals in the UK and the Netherlands. “I expect Mime to be a platform […]