JAPEX Norge AS

Q3 LIFO EBITDA PLN 14.8bn, revenue PLN 80.1bn, net profit PLN 5.6bn; PLN 7.8bn invested; Afrodite appraisal lifts ORLEN’s gas share above 4bn m³; negative net debt-to-EBITDA.

Adds ~30 million boe (mostly gas) and >4 billion m³ of gas; tied to Skarv FPSO with 4.5 kg CO2/boe intensity; lifts Skarv output toward 9 million boe by 2027.