Equinor completes acquisition of interest in the Statfjord field
The acquisition of Spirit Energy’s interest in the Statfjord field was announced 8 December 2021 with a commercial effective date 1 January 2021.
The transaction has now been completed after receiving the necessary approvals and the legal transfer was completed by 31 May 2022.
As part of closing the transaction, Equinor has received a payment of USD 193 million from Spirit Energy.
Latest news
Fire at Mongstad extinguished
The situation is being handled by the emergency response organisation. A controlled combustion has been conducted from the leakage point. The fire is now extinguished.
The work to maintain and secure the affected system continues. Further examinations and any repairs will be conducted before the affected part of the processing plant can be restarted.
Completed share capital reduction in connection with share buy-back
In line with the objective for the share buy-back programme which was executed by Equinor ASA in three tranches in the period 28 July 2021 until 25 March 2022, the annual general meeting on 11 May 2022 in Equinor ASA decided that the share capital shall be reduced with NOK 205,543,870 from NOK 8,144,219,267.50 to NOK 7,938,675,397.50, by deletion or redemption of total 82,217,548 shares.
Equinor transfers operatorship for Gulf of Mexico field to Shell
Equinor has agreed to sell to Shell 51% of its interest in the North Platte deep water development project in the US Gulf of Mexico. Equinor will retain 49% interest in the project, and Shell will become the new operator of the field.