Temasek has partnered with energy-focused private equity firm Riverstone Holdings and the natural resources arm of Barclays to invest in a new European oil exploration company, marking the latest in a string of recent deals on the continent by the Singapore state fund.

New York-based Riverstone said in a statement on Tuesday that it has teamed up with Temasek and Barclays Natural Resource Investments to provide cornerstone investment in Origo Exploration, a Norway and UK-focused oil and gas explorer and producer based in Stavanger, Norway.