Var Energi taps largest RBL of 2019

In:

Oil & gas

Region:

Europe

Aife Howse

Commodities Content Manager

Winning TXF’s Commodities Acquisition Finance Deal of the Year, Var Energi signed a $6 billion reserve base lending facility (RBL) in 2019 to back a highly strategic purchase for its upstream business in Norway - in a deal which marked the largest RBL in the market last year.

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