Equinor completes acquisition of interest in the Statfjord field

31 May 202209:37(UTC)Last modified17 August 202310:00

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.

Original message on transaction: Equinor increases its ownership in the Statfjord field (8 Dec 2021)
Find out more about Statfjord

Latest news

17 April 2025
Equinor suspends offshore construction activities for the Empire Wind project
In accordance with a halt work order issued by the US government, Empire Offshore Wind LLC (Empire) will safely halt the offshore construction in waters of the outer continental shelf for the Empire Wind project.
14 April 2025
Proposal on capital reduction from the company’s board of directors
The board of directors of Equinor ASA (OSE: EQNR, NYSE: EQNR) has today decided to propose to the general meeting of the company that the company’s share capital is reduced through cancellation of own shares and redemption of shares belonging to the Norwegian State.
10 April 2025
Positioning Equinor for higher value creation from power
Equinor establishes a new business area and appoints Helge Haugane as new executive vice president from September.