Equinor completes transactions with Faroe on NCS assets
April 30, 2019 13:00 CEST
The Njord A platform in the Norwegian Sea. (Photo: Thomas Sola / Equinor ASA)
Equinor and Faroe Petroleum have completed the series of transactions that were previously announced in December 2018.
As a result of these transactions Equinor has strengthened its operated position in the Njord area and remains operator and majority equity holder in Alve, while reducing its exposure to non-core and partner-operated assets.