Equinor completes exit process from Russia
(UTC)
The Kharyaga field in Russia.
(Photo: Svein Are Enes / Equinor ASA)
On 25 May 2022, Equinor announced its exit from the four joint ventures with Rosneft as well as the signing of an agreement to leave the Kharyaga project.
Equinor can now confirm that the full exit from Kharyaga has also been completed.
As part of the exit from Kharyaga, Equinor has in compliance with applicable sanctions covered decommissioning liabilities accrued and owed by Equinor over the years.
Following the exit from Kharyaga, Equinor has no remaining assets or projects in Russia.
Latest news
Equinor 2023 Tax Contribution report
The total tax contribution for Equinor amounted to USD 49.2 billion in 2022. Following Russia’s invasion of Ukraine, 2022 was a year with high and volatile energy prices.
Equinor sells Nigerian business to Chappal Energies
Equinor sells its Nigerian business, including its share in the Agbami oil field, to Nigerian-owned Chappal Energies.
Major ripple effects of Equinor’s exploration and operations activities in Norway
A new report shows that deliveries to exploration, operation and modification of Equinor-operated fields and onshore plants in Norway exceeded 93 billion NOK in 2022, an increase of approximately 13 percent from the previous year. Over 90 percent went to Norwegian suppliers.