Norway’s Equinor Considers Buying Chinese North Sea Oilfields ...Middle East

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Reuters reported on Monday that Norway's Equinor ASA (NYSE: EQNR)is considering buying oilfields in the British North Sea from China's CNOOC Ltd (OTCPK: CEOHF), including a significant stake in the huge Buzzard oilfield in a deal valued at between 20 billion and 30 billion Norwegian crowns ($1.9 billion-$2.8 billion). The deal would rank among the largest in years on the U.K. continental shelf. According to the Norwegian newspaper DN, the deal might be finalized as early as the end of the current year. The assets were originally obtained…

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Last updated : 17 October 2022 clock 09:36 PM

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Norway’s Equinor Considers Buying Chinese North Sea Oilfields ...Middle East

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