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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.