Pandion Energy successfully places USD 75 million bond
Pandion Energy AS ("Pandion Energy") is pleased to announce a successful bond issue of USD 75 million with a tenor of 4 years. The bond issue attracted strong interest from Norwegian and international investors. The purpose of the new bond issue is refinancing of the existing NOK 400 million senior unsecured bonds with maturity in April
USD 75 million senior unsecured bond listed on Nordic ABM
Pandion Energy is pleased to announce that the Company''s USD 75 million senior unsecured bond "Pandion Energy AS Senior Unsecured Callable Bond Issue 2022/2026" with ISIN NO 0012535816 has been listed on the Nordic ABM. ABG Sundal Collier, DNB Markets and Pareto Securities acted as Joint Lead Managers and bookrunners of the bond issue.
pandion energy
Pandion Energy godkjenner Hod-prosjektet. Prosjektet blir det første som igangsettes etter endringene i skattesystemet for petroleum. tirsdag 31. desember 2020. Selger andel av olje- og gassfelt. tirsdag 17. desember 2019. Nå produseres det olje på Valhall Flanke Vest. torsdag 7. november 2019.
Oil and gas discoveries close to the Balder field
Pandion Energy is pleased to announce the discovery of oil and gas in production license 820 S through the drilling of exploration well 25/8-19 S, including sidetracks A and A2. The exploration well, including sidetracks, proved hydrocarbons at five different intervals.
Pandion Energy completes acquisition of ONE-Dyas Norge AS
In reference to announcement made on 9 March 2022 on Pandion Energy acquiring the shares of ONE-Dyas Norge AS. Pandion Energy hereby announces that the transaction has been completed. Following the completion of the transaction, ONE-Dyas Norge AS has become a wholly owned subsidiary of Pandion Energy and the name of the company
Pandion Energy AS | LinkedIn
Our 2023 results are out. Pandion Energy AS was established in November 2016 on the basis of the operational platform and six licences acquired from Tullow Oil Norge AS in a management buy-out, backed by Kerogen Capital.Today, Pandion Energy is a full-cycle oil and gas company on the Norwegian continental shelf. Over our seven years of operation, the company has
Publication of the 2019 annual report
Jan Christian Ellefsen CEO of Pandion Energy stated the following: "2019 was another eventful year with solid operational performance for Pandion Energy. We continue to build on our strengths as an agile and professional team player on the Norwegian Continental Shelf, by a dedicated team with strong commercial and operational capabilities."
Climate Change and Environment
Since the inception, Pandion Energy has been committed to maintaining a low carbon footprint as demonstrated by carbon intensity levels per barrel which are amongst the lowest in both the Norwegian and global E&P industry ranging from 1.1 – 3.4kg CO 2 e/boe. From the energy used to power our assets down to the investment criteria for prospective
Dr. Alan Parsley appointed new Chairman of the Board
Dr. Alan Parsley has been appointed as new Chairman of the Board of Directors of Pandion Energy AS ("Pandion Energy"). Parsley comes to Pandion Energy with over 45 years'' experience in the oil and gas industry, predominantly at Shell, where he held senior positions including Global Head of Exploration and Head of New Business Ventures, Chief Executive of
Hod B starts production
Aker BP and Pandion Energy responded immediately to the politicians'' expectation of creating activity for the supplier industry across the country. "There are many who can celebrate the start of profitable production with almost zero CO2 emissions from the Hod field. Through projects like Hod B, we are creating value both for the company
Pandion Energy to acquire stake in two North Sea licences
Pandion Energy owns a 10% stake in the Valhall & Hod fields, where MOL Norge is the operator. The licence partners, including OMV (Norge), are expected to drill the Eidsvoll exploration well this year. In June, MOL Norge and partners announced the discovery of oil and gas in the production licence PL820 S in the Norwegian North Sea.
Steinar Berg
Drilling Advisor at Pandion Energy AS · More than 33 years of experience in the Oil & Gas Industry.<br><br>19 years with Norsk Hydro in different managing positions onshore and offshore within several countries. <br><br>13 years with AGR in managing positions within Well Management.<br><br>Operation Manager for Masirah Oil in Oman<br> · Erfaring:
ESG
HSE We believe that our ability to create long-term, lasting value rests on maintaining high standards of governance, sustainable business practices and operations. Health, Safety and Environment (HSE) is of paramount importance to Pandion Energy. The Company operates in the oil and gas industry where operations can have a profound impact on the environment,
Pandion Energy
Pandion Energy is a private Norwegian E&P company, backed by the Hong Kong and London-based private equity fund manager Kerogen Capital. Pandion Energy focuses on the exploration, development, and production of oil and gas on the Norwegian Continental Shelf. Pandion Energy is a private, full-cycle oil and gas company on the Norwegian
Pandion Energy to acquire Norwegian assets of ONE-Dyas
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 Christian Ellefsen said: "This transaction represents a new leap in the Pandion story, and secures the foundation for further growth.
New important milestone for the Valhall area
The Valhall license continues forward with a joint development concept with King Lear. The partnerships have decided to proceed with the selected concept for a new central platform (NCP) and King Lear. Further
Digitalisation
Since 2018, Pandion Energy has made significant investments in enhancing its exploration work streams and capabilities by developing new digital tools and facilitating new ways of working. Starting off with some basic ideas and concepts, this work has materialised in in two live solutions in daily use by Pandion Energy''s geology and geophysics (G&G) team. []
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,
Pandion Energy
Pandion Energy is a private Norwegian E&P company, backed by the Hong Kong and London based private equity fund manager Kerogen Capital. Pandion Energy focuses on exploration, development and production of oil and gas on the
Dr. Alan Parsley appointed new Chairman of the
Dr. Alan Parsley has been appointed as new Chairman of the Board of Directors of Pandion Energy AS ("Pandion Energy"). Parsley comes to Pandion Energy with over 45 years'' experience in the oil and gas industry,
Pandion Energy AS Company Profile
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4 FAQs about [Pandion energy as Venezuela]
Who is Pandion energy?
Today, Pandion Energy is a full-cycle oil and gas company, participating in the discovery, appraisal, development and production of oil and gas resources on the Norwegian continental shelf (NCS). The Norwegian Offshore Directorate announced that this year’s Improved Recovery Award goes to the licensees on the Valhall and Hod fields.
Who backed Pandion energy?
The company is backed by Kerogen Capital, an independent private equity fund manager specialising in the international energy sector. Pandion Energy has a team of highly experienced oil and gas professionals with strong and proven subsurface, financial and commercial competence, as well as extensive project execution experience on the NCS.
Does Pandion energy have a strong year?
Pandion Energy’s combined annual report for 2022 is out, and it shows that the company experienced its strongest year of growth to date.
What is Pandion energy's long-term interest-bearing debt financing?
Pandion Energy has established long-term interest-bearing debt financing consisting of the following bank and bond loans: 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.