Strategic divestitures Pandion Energy has repeatedly announced asset divestitures on the Norwegian Continental Shelf, including deals with Inpex Idemitsu, Var Energi, Concedo, and Orlen in 2026. This indicates ongoing exit activity and potential readiness to engage for short-term transaction opportunities or advisory roles.

Recent APA win The company secured a license in the 2025 Norwegian APA licensing round (PL 1288 S), signaling continued pursuit of new opportunities and a potential need for advisory support, partner searches, or technical due diligence related to future acquisitions or co- development.

Portfolio maturity Having transitioned to a full-cycle operator with interests in legacy assets like Valhall and Hod since 2017, Pandion Energy demonstrates a focus on maturing resources to reserves. This suggests opportunities for vendors in life-extension services, workovers, and petrotechnical collaborations.

Phase of exits The sequence of asset sales in 2025–2026 implies a strategic exit phase. This could create avenues for advisory, structuring of sale processes, valuation services, and potential partnerships for any remaining or new ventures on the NCS.

Financial profile With revenue in the mid hundreds of millions and a funding level around 100 million, Pandion Energy represents a mid-sized NCS player. This profile aligns with targeted BD outreach for equipment, services, and technology providers seeking mid-market oil and gas clients with ongoing capital deployment.