change in the Mandated Lead Arranger group
BNP Paribas, a lender in Pandion Energy`s reserve based lending ("RBL") facility announced in 2023 an energy transition strategy which included an exit path from oil production financing. BNP Paribas has now transferred their shares in Pandion Energy`s RBL facility to Deutsche Bank, an incumbent lender, while also bringing aboard a new lender,
Successful discovery in the Gjøa area
Pandion Energy holds a 20 per cent interest in the Ofelia discovery in production license 929 where Neptune Energy is the operator. The Ofelia well, 35/6-3 S encountered oil in the Agat formation. The preliminary estimate of recoverable oil volume is in the range of 2.5-6.2 million standard cubic meters (MSm3) or 16-39 million barrels of oil
Contact
Pandion Energy AS Postbox 253 Lilleaker N-0216 Oslo, Norway. Phone: +47 90 53 53 68 E-mail: [email protected]. Visiting address Lilleakerveien 8 N-0283 Oslo, Norway. Invoicing [email protected]. CONTACT. Pandion Energy AS Postbox 253 Lilleaker N-0216 Oslo, Norway. Phone: +47 90 53 53 68
Our Team
The Pandion Energy team has a strong geological, geophysical and reservoir competence and extensive project execution experience on the NCS. Backed by Kerogen Capital, an international private equity fund manager specialising in the international upstream oil and gas sector, we have established a solid foundation for creating value on the NCS.
Pandion Energy
Pandion Energy focuses on exploration, development and production of oil and gas on the Norwegian Continental Shelf. Formed in November 2016, the company is based on industry professionals, assets and the operational platform of Tullow Oil Norway AS, previously Spring Energy Norway AS.*
Pandion Energy to acquire Norwegian assets of ONE
Wintershall Dea operates the Nova field with a 45% stake. Other partners include Spirit Energy Norge (20%), Sval Energi (10%), Edison Norge (15%), and ONE-Dyas Norge (10%). Pandion Energy CEO Jan
Swedish utility acquires stake in Irish ocean site developer
Swedish utility Vattenfall has acquired a 51 percent stake in Pandion Ltd., an Irish ocean energy site development company, for 500,000 euros (US$648,225). Vattenfall said ocean energy developer Wavebob Ltd. will hold the remaining 49 percent of Pandion under an agreement that it said brings opportunities for further partners to participate.
Kerogen Capital invests in Norway-based Pandion Energy
Kerogen Capital is pleased to announce it has made an initial commitment of US$100 million to Pandion Energy AS ("Pandion Energy" or the "Company"), an exploration and production company focused on the Norwegian Continental Shelf ("NCS"). Pandion Energy will pursue exploration, appraisal and development opportunities on the NCS via acquisitions, farm
Security & Energy Policy in Aruba – Inter-American Dialogue
Aruba is on track to fuel 50 percent of the island''s energy needs with wind and solar power by 2014, and is looking to use more natural gas to replace expensive fuel oil. This is especially important in the context of utility prices, which place a huge burden on Aruban households, accounting for 30-35 percent of expenditures.
Per Bakøy
Advisor Petrophysics and Operation Geology at Pandion Energy AS · Erfaring: Pandion Energy AS · Utdanning: NTNU · Sted: Oslo · 337 forbindelser på LinkedIn. Vis Per Bakøys profil på LinkedIn, et faglig fellesskap med én milliard medlemmer.
Investors
Debt Financing Pandion Energy has established long-term interest-bearing debt financing consisting of the following bank and bond loans: Reserve based lending ("RBL") facility The RBL facility was established in 2018 as a USD 150 million senior secured seven-year facility. In 2019, the maturity was extended by one year, until 1 July 2026. In 2022, the []
Selskap: Pandion Energy AS
Pandion Energy AS; Operatør for antall lisenser. 0. Rettighetshaver i antall lisenser. 24. Operatør for antall felt. 0. Operatør for antall funn. 0. SELSKAPETS RESERVER PER FELT VED ÅRSSKIFTET (Mill Sm 3 o.e.) Kilde: Sokkeldirektoratet.
Pandion Energy
Pandion Energy is an independent, full-cycle oil and gas company focused on the exploration and production within the energy sector. The company specializes in the discovery, appraisal, development, and production of oil and gas resources, particularly by leveraging proven assets with access to existing infrastructure.
Pandion Energy Launches Strategy to Net Zero Carbon
Pandion Energy recognises that climate change is of critical importance to the future of the planet and supports the goal of the Paris Agreement to achieve a carbon neutral global economy. The commitment to carbon neutrality has been achieved initially by offsetting CO2 emissions through programmes that are aligned with the UN Sustainable
Unlocking the Caribbean''s energy potential | SELA
Washington, February 3, 2015.- Energy security is at the top of the agenda for Caribbean leaders and it has been for some time. With an average cost of electricity four times higher than in rich nations such as the United States, high energy costs are not only a daily hardship for Caribbean people, but also one of the key bottlenecks for unleashing economic growth and prosperity in
Main Shareholder
Kerogen Capital and the management team are shareholders of Pandion Energy. Established in 2007, Kerogen Capital is an independent private equity fund manager specialising in the international energy sector. Kerogen manages over USD 2 billion of capital commitments from a blue chip institutional investor base.
Unlocking the Caribbean''s energy potential | SELA
Washington, February 3, 2015.- Energy security is at the top of the agenda for Caribbean leaders and it has been for some time. With an average cost of electricity four times higher than in rich