Skip to main content

Equinor completes transactions with Faroe on NCS assets

Published by , Editor
Oilfield Technology,


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.

Read the article online at: https://www.oilfieldtechnology.com/offshore-and-subsea/01052019/equinor-completes-transactions-with-faroe-on-ncs-assets/

You might also like

Significant UK gas reserves used through flaring and venting

The UK has lost about 13 billion cubic metres (bcm) of indigenous gas reserves through flaring and venting over the past 10 years, exposing oil and gas operators to £2.6 billion in lost gas sales and £1 billion in Emissions Trading System (ETS) payments.

 
 

Embed article link: (copy the HTML code below):


 

This article has been tagged under the following:

North Sea oil news US upstream news