* "We see quite a few opportunities on the NorwegianContinentalShelf, some of them are quite big, and we will be part of it,"said Skogen, adding that many of these could come frominternational oil majors seeking to exit
* BP, ExxonMobil and Total haveeithersold or merged assets with other companies
* Shell and Conoco Phillips retainsubstantialoperated assets off
* "They need to exit, we need (an) IPO. That's where youwill seethe developments," Skogen said, adding that a listing could comein 3-5 years
* Mime Petroleum is backed by private equity groups BlueWaterEnergy and Blackstone
* Private equity investors have over the past two-threeyears beenbuying up assets in