Kufpec sells Norwegian upstream assets after pocketing $700 million profit

Sale aligns with PGNiG’s ambition to boost gas production fivefold

Deal done: Kufpec chief executive Mohammad Salem Al-Haimer. — Deal done: Kufpec chief executive Mohammad Salem Al-Haimer.Photo: KUFPEC

Xu Yihe

Asia CorrespondentSingapore

Kufpec Norway PGNiG Equinor Mohammad Salem Al-Haimer

Published 20 November 2023, 06:36Updated 22 November 2023, 16:26