GDF SUEZ merger
From 1 January 2009 our company name changed to GDF SUEZ E&P Norge. We are still the same people, with the same commitment and drive, and with the same ambitions. But we are also an independent piece of a bigger picture.
Merger between two world leaders in energy
14+15
GDF + SUEZ Paris, 27 February 2006: The Board of Directors of Suez and the Board of Directors of Gaz de France approved a friendly merger between the two groups. The merger was approved by the European Union in the autumn of 2006, and was finalised in July 2008. SUEZ, an international industrial group, designed sustainable and innovative solutions for the manageÂment of public utility services in collaboration with public authorities, businesses and individuals. The group aimed to answer essential needs in
electricity, natural gas, energy services, water and waste management.
In an increasingly energydependent Europe, the size of the new Group will make it a natural partner of large producing countries and will facilitate GAZ DE FRANCE was a major development of major energy energy player in Europe. As projects. The new Group will conthe leading European natural tinue to implement a dynamic gas supplier, the group had development policy in its exploramore than 47,500 employees, tion and production activities. recorded net sales of â‚Ź 27,427 The combination of the indusmillion in 2007, and served trial and commercial know-how 14.7 million customers. of the two groups in the areas of energy and environment will The merger between the two companies has created a European allow the new entity to compete leader in gas and liquefied natural on equal terms with the main players in an open market, gas (LNG) with a secure, diversified and flexible supply portfolio. for the benefit of end-users.
The new Group has a financial structure that sustains the ambitious strategy of industrial growth. GDF SUEZ is present along the entire energy value chain, in electricity and natural gas, upstream and downstream. The Group handles purchasing, producing and marketing, and is involved in transportation, distribution, management and development of major infrastructures for natural gas and electricity.
GDF SUEZ is the number one independent power producer in the world, and ranks fifth in production and supply in Europe. The Group is the largest importer and buyer of liquefied natural gas (LNG) in Europe, and the largest buyer and supplier of natural gas. GDF SUEZ also has the largest transportation network in Europe, and is the number one supplier of multi-technical services across Europe.