Norway's Equinor pays $850 million to buy Suncor Energy U.K.
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.
Source: upi.com
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Equinor buys Suncor Energy's UK oil assets 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.
Source: oilandgas360.com
Norway's Equinor Adds to North Sea Oil and Gas Portfolio
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 prices — to boost capacity as well as reward shareholders. The transaction gives Equinor a 30% non-o...
Source: gcaptain.com
Equinor buys out UK arm of Suncor Energy
Equinor has acquired interest in the Buzzard and Rosebank oil fields by purchasing Suncor Energy UK for $850m.
Source: offshore-technology.com
Equinor Buys Suncor Energy's UK Oil Assets For $850 Million
Equinor has signed a deal to buy Suncor Energy’s UK oil assets for $850 million.
Source: oilprice.com