Investment in Longboat JAPEX Norge AS and Development of Offshore Blocks in Norway
First written in FY2024-Q2. 2 of 4 entries say "Advanced", first in FY2024. Latest entry: 2026-05-13.
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- 2026-05-13AdvancedEarnings presentation
「Started production at the Verdande oil and gas field in Norway (December)」
For the Norwegian business, the company indicated the start of production at the Verdande oil and gas field and exploration and development of new licenses. - FY2025-H1AchievedAnnual report
「Business combination date 1 July 2024 (deemed acquisition date) Voting rights ratio held immediately before the business combination 49.9% Additional voting rights ratio acquired 50.1% Voting rights ratio after acquisition 100.0%」
The additional acquisition of Longboat JAPEX Norge AS was completed, making it a consolidated subsidiary under the name JAPEX Norge AS with a 100.0% voting rights ratio. - FY2024AdvancedAnnual report
「Following completion in January 2024 of the procedures to acquire interests in producing assets, crude oil and natural gas production from the Norwegian operations has commenced.」
For Longboat JAPEX Norge AS, the procedures to acquire interests in producing assets were completed in January 2024, and the Norwegian operations moved into the production phase. After the filing, a resolution was also passed to make the company a subsidiary through the acquisition of all its shares. - FY2024-Q2First statedAnnual report
「In the European segment, development work is being carried out on offshore blocks located off Aberdeen in the UK sector of the North Sea. During the second quarter of the current consolidated fiscal year, the company acquired shares in Longboat JAPEX Norge AS and made it an equity-method affiliate.」
While advancing development of offshore blocks off Aberdeen in the UK sector of the North Sea in the European segment, the company acquired shares in Longboat JAPEX Norge AS and made it an equity-method affiliate.