Equinor Completes Transactions with Faroe on NCS Assets

Source Press Release
Company DNO ASAEquinor ASAFaroe Petroleum plc 
Tags Corporate Deals, Deals, Upstream Activities
Date April 30, 2019

Equinor and Faroe Petroleum have completed the series of transactions that were previously announced in December 2018.

As a result of these transactions Equinor has strengthened its operated position in the Njord area and remains operator and majority equity holder in Alve, while reducing its exposure to non-core and partner-operated assets.

Source: EvaluateEnergy® ©2019 EvaluateEnergy Ltd