Merger Notification - Announcement according to § 10 Cartel Act
TotalEnergies E&P Norge AS; Luna Carbon Storage ANS
BWB/Z-6417
On 07.11.2023 the Austrian Federal Competition Authority was notified of the following merger:
Planned purchase process
TotalEnergies E&P Norge AS, Norway, intends to acquire 40% of the shares in and joint control over Luna Carbon Storage ANS, Norway, as well as of the corresponding participating interest in the EXL 004 exploration license for CO2 storage on the Norwegian Continental Shelf.
Industry sector: D - Energieversorgung M - Erbringung von freiberuflichen, wissenschaftlichen und technischen Dienstleistungen
Deadline for bringing in an application pursuant to § 11(1) Cartel Act will end on 05.12.2023.
Entrepreneurs whose legal or economic interests are affected by the merger can bring in a written statement at the Federal Competition Authority or the Federal Cartel Prosecutor within 14 days from publication date.
Note: The intervening party has no right to a certain treatment of the statement and will not gain a party position.
Non-prohibition of the merger
The Federal Competition Authority and the Federal Cartel Prosecutor have not applied for examination of the merger by the Cartel Court. The standstill obligation (§ 17 (1) Cartel Act) ends with effect from 06.12.2023 .