Equinor divests shares in Lundin Energy
Published by Nicholas Woodroof,
Editor
Oilfield Technology,
After the divestment, Equinor ASA will no longer hold any shares in Lundin Energy AB.
“This transaction follows our divestment of a 16% shareholding in Lundin in July 2019 and concludes what has been a successful investment for Equinor. We have created significant value and increased our direct exposure in the Johan Sverdrup field. Although we are now no longer a shareholder in Lundin, we continue to consider the company a strong partner on the Norwegian Continental Shelf,” said Lars Christian Bacher, CFO of Equinor ASA.
Read the article online at: https://www.oilfieldtechnology.com/drilling-and-production/06052020/equinor-divests-shares-in-lundin-energy/
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