Page 6 - Philippe Mathieu News Today

Equinor UK has signed an agreement to acquire Suncor Energy UK for a total consideration of USD 850 million. The transaction includes a non-operated interest in the producing Buzzard oil field (29.89%) and an additional operated interest in the Rosebank development (40%).

OSLO — Equinor said on Friday it will acquire the British oil and gas business of Canada’s Suncor Energy for $850 million, giving the Norwegian company stakes…

Equinor said on Friday it would acquire the British oil and gas business of Canada's Suncor Energy SU.TO for $850 million…

The transaction is subject to relevant regulatory approvals.

Norwegian energy major Equinor adopted an all-of-the-above outlook after announcing plans Friday to buy the U.K.-division of Canada's Suncor Energy for $850 million.

Norwegian energy major Equinor adopted an all-of-the-above outlook after announcing plans Friday to buy the U.K.-division of Canada's Suncor Energy for $850 million.

The latest oil and gas news, dedicated to all things oil and gas: people, technologies, transactions, trends, and macro-economic analysis that impact commodity prices.

By Kari Lundgren and Christian Wienberg (Bloomberg) — Norway’s Equinor ASA agreed to buy Suncor Energy UK Ltd. for $850 million, adding to its oil and gas production in the North Sea as Europe races to replace Russian supplies. Since Moscow’s invasion of Ukraine a year ago, Equinor’s importance to Europe has never been greater as the region seeks alternative sources of energy. The firm is now using its vast profit from last year — a result of flat-out production and soaring gas pr...

Equinor has acquired interest in the Buzzard and Rosebank oil fields by purchasing Suncor Energy UK for $850m.

Equinor has signed a deal to buy Suncor Energy’s UK oil assets for $850 million.