Tag Archives: Philippe Mathieu

New Joint Venture Adura Unifies Equinor and Shell’s UK Offshore Operations to Strengthen Long-Term North Sea Competitiveness

(IN BRIEF) Equinor and Shell have combined their UK offshore oil and gas activities to create Adura, a jointly owned company that is now the largest independent producer in the UK North Sea. Led by CEO Neil McCulloch, Adura inherits … Read the full press release

Equinor Hands Over Operatorship of Brazil’s Peregrino Field to PRIO Following Completion of 40% Stake Sale

(IN BRIEF) Equinor has completed the sale of its 40% operated interest in Brazil’s Peregrino oil field to PRIO for a total of USD 2.33 billion, receiving USD 1.55 billion at closing. The transaction transfers full operatorship of the field … Read the full press release

Equinor Sells 60% Interest in Peregrino Field to PRIO for USD 3.35 Billion as Part of International Portfolio Optimization

(IN BRIEF) Equinor Brasil Energia Ltda., a subsidiary of Equinor ASA, has finalized an agreement with PRIO Tigris Ltda. for the sale of its 60% operated interest in the Peregrino field offshore Brazil. The total transaction value amounts to USD … Read the full press release

Equinor and Shell Unite to Secure UK Energy Future with Largest Independent North Sea Producer

(IN BRIEF) Equinor UK and Shell UK are joining forces to create the largest independent energy producer in the UK North Sea, combining their offshore oil and gas portfolios into a new joint venture. The company, equally owned by both … Read the full press release

Equinor and SOCAR Forge Agreement on Azerbaijan Asset Divestment and Low-Carbon Collaboration

(IN BRIEF) Equinor has signed an agreement to sell all its remaining assets in Azerbaijan to SOCAR (State Oil Company of Azerbaijan Republic). These assets include stakes in the Azeri Chirag Gunashli (ACG) oil fields, the Baku-Tbilisi-Ceyhan (BTC) pipeline, and … Read the full press release

Equinor and Shell Approve Sparta Project to Boost Gulf of Mexico Production

(IN BRIEF) Equinor and Shell Offshore Inc. have jointly made the final investment decision for the Sparta deepwater development in the US Gulf of Mexico. Equinor holds a 49 percent stake in the project, which is expected to produce up … Read the full press release

Equinor impulsa las operaciones en el Reino Unido con la adquisición de Suncor Energy por $850 millones

(NOTICIA EN BREVE) Equinor UK Limited acordó adquirir Suncor Energy UK Limited por $ 850 millones, que incluye una participación no operada en el campo petrolero Buzzard (29,89 %) y una participación operada adicional en el desarrollo de Rosebank (40 … Read the full press release

Equinor Boosts UK Operations with $850 Million Suncor Energy Acquisition

(IN BRIEF) Equinor UK Limited has agreed to acquire Suncor Energy UK Limited for $850 million, which includes a non-operated interest in the Buzzard oil field (29.89%) and an additional operated interest in the Rosebank development (40%). The acquisition will … Read the full press release