Aker BP ASA acquires Hess Norge

On December 22, 2017, Aker BP ASA acquired Hess Norge, an oil, gas & coal exploration company in Norway, from Hess Corp.

Deal at a glance

AnnouncedDecember 22, 2017 TypeAdd-on Acquistion TargetHess Norge Buyer Aker BP ASA Seller Hess Corp. SectorOil, Gas & Coal Exploration LocationNorway ValueMembers only

Target company

Hess Norge

Norway

Oil, Gas & Coal Explorationsector

-founded

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Buyer

Aker BP ASA

Company · 2 deals on record

1st transaction in oil, gas & coal exploration
1st transaction in Norway

2deals, all time

2in this sector

2021latest

Seller

Hess Corp.

Company · 24 deals on record

24investments

9in this sector

15exits

Members only

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The full deal history of every party

Co-investors and the other advisors on this deal

Deal value and revenue or EBITDA multiples

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Questions about this deal

Who acquired Hess Norge?Aker BP ASA acquired Hess Norge on December 22, 2017.

Who sold Hess Norge?Hess Corp. was the seller.

What type of deal was it?It was a add-on acquistion in the oil, gas & coal exploration sector in 2017.

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