Norway continues to attract attention from investors in the oil and gas sector, and the recent announcement of DNO ASA's acquisition of Dual Energy Group AS confirms this trend. The deal, valued at $450 million, was agreed upon with the investment firm HitecVision. This acquisition not only broadens DNO's influence in Norway but also significantly increases its production and reserve assets.

Diamondback Energy $FANG is currently in advanced negotiations to acquire Double Eagle, a major energy producer based in West Texas, for over US $5 billion. This strategic move comes on the heels of the company’s recent acquisition of Endeavor Energy Resources for US $26 billion, a deal that helped forge an oil and gas company with a market capitalization exceeding US $50 billion.