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Equinor To Acquire Equity Interest In Five Discoveries For Undisclosed Terms

RTTNews | 725 days ago

Equinor To Acquire Equity Interest In Five Discoveries For Undisclosed Terms

(RTTNews) - Equinor ASA (EQNR), a Norwegian petroleum company, announced Wednesday it has signed an agreement to acquire equity interest in five discoveries in the Troll, Fram and Kvitebjorn area in the North Sea on the Norwegian continental shelf (NCS) from Wellesley Petroleum AS.

The transaction adds to Equinor's equity share in the following discoveries: An additional 18.8% in Grosbeak, 45% in Toppand, 40% in Atlantis and 20% in Rover Nord and Rover Sor.

Since 2019, Equinor has made seven discoveries in this area. Equinor has made a number of discoveries in this area, including Swisher, Toppand and Rover Nord and Sor.

Equinor has started field developments projects to coordinate the development of these discoveries in collaboration with partners.

Tags: EQNR

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SLB OneSubsea And Subsea7 Ink Long-Term Strategic Collaboration Deal With Equinor

SLB OneSubsea And Subsea7 Ink Long-Term Strategic Collaboration Deal With Equinor

SLB (SLB) announced Thursday the signing of a new long-term strategic collaboration agreement between Equinor ASA (EQNR) and the Subsea Integration Alliance (which comprises OneSubsea and Subsea7).

RTTNews | 297 days ago

Malaysia Bourse Likely To Open To The Downside On Monday

Malaysia Bourse Likely To Open To The Downside On Monday

The Malaysia stock market on Friday wrote a finish to the two-day losing streak in which it had slipped more than 7 points or 0.4 percent. The Kuala Lumpur Composite Index now sits just above the 1,590-point plateau although it's likely to open under pressure again on Monday.

RTTNews | 5h 39min ago

New Zealand Q4 Retail Sales Volume Climbs 0.9%

New Zealand Q4 Retail Sales Volume Climbs 0.9%

The total volume of overall retail sales in New Zealand was up a seasonally adjusted 0.9 percent on quarter in the fourth quarter of 2024, Statistics New Zealand said on Monday.

RTTNews | 5h 50min ago

South Korea Shares May Head South Again On Monday

South Korea Shares May Head South Again On Monday

The South Korea stock market inches higher again on Friday, one day after halting the seven-day winning streak in which it had rallied almost 150 points or 5.7 percent. The KOSPI now sits just above the 2,650-point plateau although it figures to face renewed selling pressure on Monday.

RTTNews | 6h 9min ago

New Zealand Retail Sales Data Due On Monday

New Zealand Retail Sales Data Due On Monday

New Zealand will on Monday release Q4 numbers for retail sales, highlighting a light day for Asia-Pacific economic activity.

RTTNews | 6h 39min ago

TSX Ends Sharply Lower On Mixed Economic Data, Weak Commodities

TSX Ends Sharply Lower On Mixed Economic Data, Weak Commodities

The Canadian market ended sharply lower on Friday due to heavy selling in technology, materials and energy sectors. Consumer discretionary and financials stocks too reeled under pressure, albeit to a less pronounced extent.

RTTNews | 2 days ago

Dollar Rises, Gains Against Major Counterparts

Dollar Rises, Gains Against Major Counterparts

The U.S. dollar climbed higher on Friday, scoring gains over most of its major counterparts, after weak consumer sentiment data prompted investors to shun riskier assets such as equities.

RTTNews | 2 days ago

Swiss Market Ends On Buoyant Note

Swiss Market Ends On Buoyant Note

The Switzerland market started off on a flat note on Friday, but gained in strength as the day progressed with stocks from across several sectors finding good support.

RTTNews | 2 days ago

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