Wednesday, November 27, 2024
Equinor Trades Up to Boost Interest in Johan Sverdrup Field - Oil & Gas 360

Equinor Trades Up to Boost Interest in Johan Sverdrup Field

By Tyler Losier, Energy Reporter, Oil & Gas 360 Equinor swaps 16% stake in Lundin for $1.5 billion, buys 2.6% stake in Johan Sverdrup field on Norwegian continental shelf for $910 million Norwegian supermajor Equinor ASA (stock ticker: EQNR) has struck a deal with independent E&P Lundin Petroleum (stock ticker: LUPE.ST) to divest its 16% interest in Lundin, which equates