{"version":"1","article":{"id":"norway-state-agrees-to-exchange-polarled-and-draugen-stakes","slug":"norway-state-agrees-to-exchange-polarled-and-draugen-stakes","language":"en","url":"https://haberpaper.com/en/news/norway-state-agrees-to-exchange-polarled-and-draugen-stakes","api_url":"https://haberpaper.com/api/v1/articles/norway-state-agrees-to-exchange-polarled-and-draugen-stakes?lang=en","title":"Norway agrees to exchange stakes in Polarled and Draugen","summary":"The Norwegian state has agreed to take M Vest Energy’s 5% Polarled stake in exchange for a 3.6% interest in the Draugen field, subject to approvals and other closing conditions.","category":"energy","region":"world","topics":["oil-gas"],"published_at":"2026-10-10T18:32:52+03:00","modified_at":"2026-10-10T18:32:52+03:00","publication_basis":"publication-record","event_period":"2026-10-02","event_period_basis":"event-or-reference-period","sources":[{"name":"Norwegian Ministry of Energy","url":"https://www.regjeringen.no/no/aktuelt/staten-oker-sitt-eierskap-i-polarled/id3175503/","publishedAt":"2026-10-02","checkedAt":"2026-10-10"}],"translations":[{"language":"tr","url":"https://haberpaper.com/tr/news/norway-state-agrees-to-exchange-polarled-and-draugen-stakes","api_url":"https://haberpaper.com/api/v1/articles/norway-state-agrees-to-exchange-polarled-and-draugen-stakes?lang=tr"},{"language":"en","url":"https://haberpaper.com/en/news/norway-state-agrees-to-exchange-polarled-and-draugen-stakes","api_url":"https://haberpaper.com/api/v1/articles/norway-state-agrees-to-exchange-polarled-and-draugen-stakes?lang=en"},{"language":"ar","url":"https://haberpaper.com/ar/news/norway-state-agrees-to-exchange-polarled-and-draugen-stakes","api_url":"https://haberpaper.com/api/v1/articles/norway-state-agrees-to-exchange-polarled-and-draugen-stakes?lang=ar"},{"language":"fr","url":"https://haberpaper.com/fr/news/norway-state-agrees-to-exchange-polarled-and-draugen-stakes","api_url":"https://haberpaper.com/api/v1/articles/norway-state-agrees-to-exchange-polarled-and-draugen-stakes?lang=fr"},{"language":"es","url":"https://haberpaper.com/es/news/norway-state-agrees-to-exchange-polarled-and-draugen-stakes","api_url":"https://haberpaper.com/api/v1/articles/norway-state-agrees-to-exchange-polarled-and-draugen-stakes?lang=es"}],"data_types":[],"data":null,"data_compilations":[],"data_downloads":[],"content":{"paragraphs":["Norway’s Ministry of Energy said on 2 October that the state had signed an agreement with M Vest Energy to exchange the company’s 5% interest in the Polarled gas pipeline for a 3.6% stake in the Draugen field. The agreement is intended to take economic effect from 1 January 2026, with completion targeted by the end of 2026.","The transaction requires agreed conditions to be met, including regulatory and third-party approvals; parts also require parliamentary consent. The ministry said the state would own all of Polarled through the State’s Direct Financial Interest scheme after this transaction and an earlier agreed purchase of Equinor’s remaining private stake are completed. Full ownership is therefore a prospective outcome, not yet completed."],"key_points":[],"sections":[]},"text":"The Norwegian state has agreed to take M Vest Energy’s 5% Polarled stake in exchange for a 3.6% interest in the Draugen field, subject to approvals and other closing conditions.\n\nNorway’s Ministry of Energy said on 2 October that the state had signed an agreement with M Vest Energy to exchange the company’s 5% interest in the Polarled gas pipeline for a 3.6% stake in the Draugen field. The agreement is intended to take economic effect from 1 January 2026, with completion targeted by the end of 2026.\n\nThe transaction requires agreed conditions to be met, including regulatory and third-party approvals; parts also require parliamentary consent. The ministry said the state would own all of Polarled through the State’s Direct Financial Interest scheme after this transaction and an earlier agreed purchase of Equinor’s remaining private stake are completed. Full ownership is therefore a prospective outcome, not yet completed.","corrections":[],"editorial_illustration":{"kind":"symbolic-editorial-illustration","documentary":false,"scope":"section","asset_id":"energy","url":"https://haberpaper.com/assets/illustrations/energy-1536.webp","width":1536,"height":1024,"alt":"Symbolic energy landscape with solar panels, wind turbines and transmission lines.","language":"en"},"section_illustration":{"kind":"symbolic-editorial-illustration","documentary":false,"scope":"section","asset_id":"energy","url":"https://haberpaper.com/assets/illustrations/energy-1536.webp","width":1536,"height":1024,"alt":"Symbolic energy landscape with solar panels, wind turbines and transmission lines.","language":"en"}}}