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.
Facts
About Chappal Energies: Chappal Energies is an energy company focusing on unlocking latent value in Nigeria and Africa’s oil and gas resources, revitalizing aging assets with solutions that secure longevity, including enhancing operational efficiency, produced water management, improved evacuation logistics, gas development, capex optimisation, and infrastructure replacement.
About Equinor: Equinor is an international energy company committed to long-term value creation in a low-carbon future. Our purpose is to turn natural resources into energy for people and progress for society. Equinor’s portfolio of projects encompasses oil and gas, renewables and low-carbon solutions, with an ambition of becoming a net-zero energy company by 2050. Headquartered in Stavanger (Norway), Equinor is the leading operator on the Norwegian continental shelf. We are present in around 30 countries worldwide.
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