Equinor To Acquire Equity Interest In Five Discoveries For Undisclosed Terms

RTTNews | 912 days ago
Stocktwits
Equinor To Acquire Equity Interest In Five Discoveries For Undisclosed Terms

(RTTNews) - Equinor ASA (EQNR), a Norwegian petroleum company, announced Wednesday it has signed an agreement to acquire equity interest in five discoveries in the Troll, Fram and Kvitebjorn area in the North Sea on the Norwegian continental shelf (NCS) from Wellesley Petroleum AS.

The transaction adds to Equinor's equity share in the following discoveries: An additional 18.8% in Grosbeak, 45% in Toppand, 40% in Atlantis and 20% in Rover Nord and Rover Sor.

Since 2019, Equinor has made seven discoveries in this area. Equinor has made a number of discoveries in this area, including Swisher, Toppand and Rover Nord and Sor.

Equinor has started field developments projects to coordinate the development of these discoveries in collaboration with partners.

Tags: EQNR
Stocktwits
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Antipodean Currencies Rise As Traders Await U.S. PCE Inflation Data

Antipodean Currencies Rise As Traders Await U.S. PCE Inflation Data

The antipodean currencies such as the Australia and the New Zealand dollars strengthened against their major currencies in the Asian session on Friday, as traders await the July Personal Consumption Expenditures (PCE) price index due later in the day.
RTTNews | 1h 6min ago
Asian Shares Mixed Ahead Of US PCE Inflation Data

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RTTNews | 1h 22min ago
European Shares Seen Mostly Lower Before US Inflation Data

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European stocks may open broadly lower on Friday as the prospect of a peace agreement between Russia and Ukraine waned and focus shifted to a key U.S. inflation reading due later in the day that could provide additional clues on the Federal Reserve's rate outlook.
RTTNews | 4h 21min ago
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