News

We have advised Nordlaks on the development, construction and commissioning of its new offshore tank, Storbåtsegget. This is Nordlaks’ first semi-closed aquaculture facility, which has now arrived in Vesterålen after a three-week voyage from the shipyard in Turkey.

The Court of Appeal’s judgment in the climate case against the State requires the PDO approvals for three major North Sea fields to be reconsidered due to inadequate climate impact assessments. Although the developments are not temporarily suspended, the judgment clarifies key requirements for the assessment of combustion emissions under Norwegian law, EEA law and the ECHR.

Pandion Energy has completed the sale of its participating interests in the Valhall and Hod fields, as well as the Slagugle and Mistral discoveries, to INPEX Idemitsu Norge AS. Arntzen Grette advised Pandion Energy in the transaction, which represents an important step in the company’s active portfolio management strategy and continued growth.

We are proud to have advised KPMG Norge on the sale of part of its business to the newly established audit firm Cedra Norge (backed by Adelis Equity). The agreement covers ten offices primarily providing audit and advisory services to small and medium-sized clients, with around 220 employees transferring to Cedra.

The gender pay gap in the EU remains at around 13–14%, with little progress over the past decade. In Norway, the gap is approximately 12%, and the differences become even more pronounced when looking at overall income and pension accrual. According to the EU, a large reason for this persistence is the lack of pay transparency: without insight into how salaries are determined, employees cannot easily detect or challenge unfair differences.

We are pleased to have assisted Pandion Energy in its agreement with INPEX Idemitsu Norge AS to divest interests in the Valhall and Hod fields, as well as the Slagugle and Mistral discoveries on the Norwegian Continental Shelf. The transaction covers seven production licenses.

In a decision announced this morning, the Norwegian Competition Authority (NCA) has fined Norway’s three leading grocery chains – NorgesGruppen, Coop and Rema 1000 – for violating Section 10 of the Norwegian Competition Act (mirroring Article 101 TFEU) by cooperating on the use of so-called price hunters to systematically check prices in competitors' stores. According to the NCA, this constitutes illegal information exchange, which has had a restrictive effect on competition.

The law firms Arntzen de Besche and Grette are merging to form Arntzen Grette.

Adaptive AS has entered into an agreement to be acquired by Visma, a leading provider of business-critical solutions for the property sector. We are proud to have advised Adaptive as legal counsel in this transaction.

The Chambers Global 2025 results are out! We are especially proud to see our individual rankings improve this year, with a new lawyer—Siril Visnes—earning well-deserved recognition. In addition, Vidar Riksfjord is further solidifying his position among the leading lawyers in his field.

We have assisted Orkla ASA in the sale of 100% of the shares in Pierre Robert Group AS to Jotunfjell. The transaction is expected to be completed during the first quarter of 2025, subject to approval by the Norwegian Competition Authority.