News
10 December 2024

Equinor exits Nigeria and Azerbaijan after 30 years

In:
Oil & gas
Region:
Middle East & Africa, Asia-Pacific

Equinor has completed a $2 billion sale of assets in Nigeria and Azerbaijan, marking its exit from both countries after 30 years. In Nigeria Chappal Energies paid up to $1.2 billion for assets including a 20.21% stake in the Agbami oil field. In Azerbaijan SOCAR and India's ONGC purchased a...

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