Equinor completes transactions with Faroe on NCS assets

Published by Nicholas Woodroof, Editor
Oilfield Technology, Wednesday, 01 May 19

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.

This article has been tagged under the following:

North Sea oil news US upstream news