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Norwegian oil and gas company Equinor has agreed to sell its non-operated share in the Greater Ekofisk Area and a minority…

Equinor has agreed to sell a non-operated share in the Greater Ekofisk Area and a minority share in the Martin Linge field to Sval Energi.

KIRKENES, Norway (Reuters) - Kirkenes, a Norwegian town a stone's throw from Russia, was for over three decades a symbol of cross-border harmony in the Arctic. That came to a crashing end when Russia invaded Ukraine. Since then people have been adapting to the new realities.

Equinor ASA sold assets in the North Sea for $1 billion as it seeks to benefit from high oil prices and redirect proceeds to other core businesses.

Equinor and Sval Energi have entered into an agreement for the sale of Equinor’s non-operated share in the Greater Ekofisk Area and a minority share in Martin Linge.

Norwegian state-owned giant Equinor and its compatriot Sval Energi have entered into an agreement for the sale of Equinor’s non-operated share in the Greater Ekofisk Area and a minority share (19 per cent) in the Martin Linge field, both located in the North Sea offshore Norway.

Equinor has agreed to sell its stakes in two oil and gas fields in the Norwegian North Sea to private equity-backed Sval Energi.

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Norwegian Minister of Petroleum and Energy Terje Aasland said on Monday that the ministry expects to deliver 122 billion cubic meters of gas to Europe this year, potentially breaking the record of 117...

/PRNewswire/ -- Tacora Resources Inc. ("Tacora" or the "Company") announced that it will hold a conference call on Wednesday, June 8, 2022, at 11:00 a.m....