Spirit Energy has agreed to sell two non-core Danish assets to petrochemicals giant Ineos.
The divestment of 40% of the Hejre discovery and 27.7% of the Solsort discovery is expected to go through later this year.
Dag Omre, Executive Vice President of Spirit Energy Norway & Denmark, said: “In line with our strategy of managing our portfolio, we evaluated these opportunities and concluded that they are no longer core to Spirit Energy.
“We look forward to working closely with INEOS in the coming months to conclude the transaction, as well as focusing on our portfolio of assets, developments and exploration opportunities across North-West Europe.”