Major Norwegian private equity poised to venture a billion into oil and gas

While other funds move away from black energy, Hitecvision has raised more than USD 1 billion for new oil and gas investments.

Hitecvision har helped, among others, Vår Energi acquire Exxon Mobil's Norwegian oil assets. | Photo: PR / Vår Energi

BY MATHIAS JULIUS FALKENGAAR, ENERGYWATCH

Hitecvision – Norway's largest private equity firm – is ready to lay USD 1 billion into new oil and gas companies, reports domestic business daily Dagens Næringsliv (DN).

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Major Norwegian private equity poised to venture a billion into oil and gas

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Front page now

Nordic Alpha Partners reels in international investment giants for second fund

Norwegians are investing record amounts in funds

World's best EMD team still waiting for clients to return to Danske AM

Storeband increases stake in Danish infrastructure manager to become majority owner

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Further reading

World's best EMD team still waiting for clients to return to Danske AM

Invesco seeing increased demand for Fixed income ETFs from Nordic investors

Nordic institutional investors still see potential in beleaguered Swedish battery producer

Storeband increases stake in Danish infrastructure manager to become majority owner

New Nordic high yield manager keeps attracting inflows

Expansion of Nordic team has paid off: Inflows to all core products for US manager

Front page now

Nordic Alpha Partners reels in international investment giants for second fund

Norwegians are investing record amounts in funds

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Storeband increases stake in Danish infrastructure manager to become majority owner

Nordic institutional investors still see potential in beleaguered Swedish battery producer

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Ignore the ‘AI revolution’ at your own peril, global investors warn

New Nordic high yield manager keeps attracting inflows

KLP excludes US construction supplier over Gaza connection

Swedish FSA fines church pension fund for failing to limit investment risks

Danish pension fund drops drilling platform investments

Expansion of Nordic team has paid off: Inflows to all core products for US manager