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Equinor Exits Nigeria & Azerbaijan
Equinor Exits Nigeria & Azerbaijan With $2B Asset Divestments
EQNR finalizes divestments worth $2 billion in Nigeria and Azerbaijan, streamlining its oil and gas portfolio for long-term growth and profitability.
Equinor finalises exit from Azerbaijan and Nigeria’s upstream sectors
Equinor has completed transactions to exit its upstream operations in Azerbaijan and Nigeria, securing a total estimated consideration of up to $2bn (NKr22.16bn). These exits, finalised on 29 November and 6 December,
Equinor closes Nigeria, Azerbaijan asset sales for up to $2B
Equinor completes $2B in asset sales in Nigeria and Azerbaijan, boosting Q4 cash flow and optimizing international portfolio.
Equinor concludes operations in Azerbaijan and Nigeria
Equinor has officially ended its activities in Azerbaijan and Nigeria following agreements signed on November 29 and December 6, respectively, Azernews reports.
Equinor Exits Nigeria and Azerbaijan With $2 Billion of Asset Sales
Equinor completes $2 billion asset sales in Nigeria and Azerbaijan, exiting the upstream oil and gas business in those countries.
Equinor Exits Nigeria and Azerbaijan in $2B Oil and Gas Assets Sale
Equinor has closed transactions exiting the upstream businesses in Azerbaijan and Nigeria, with a total estimated consideration of up to $2
Equinor completes divestment in Azerbaijan and Nigeria
Equinor completes divestment in Azerbaijan and Nigeria. Find the latest news from the maritime industry on the PortNews website.
Equinor completes Nigeria, Azerbaijan asset sales of up to $2bln
The divestments, first announced in 2023 and completed in recent weeks, will boost cash flow in the fourth quarter and were in line with Equinor's strategy to optimise its international portfolio
Equinor exited Azerbaijan, Nigeria for $2bn
After more than 30 years as a business partner in Azerbaijan and Nigeria, transactions leading to Equinor exiting the countries have now been closed on 29 November and 6 December respectively. “With these exits we realise value and execute on our strategy to focus the international portfolio,
Equinor set to raise $2 billion with upstream exit in Azerbaijan and Nigeria
After more than 30 years in Azerbaijan and Nigeria, Equinor final transactions to exit the two countries have closed on 29 November and 6 December respectively
Equinor completes Nigeria, Azerbaijan asset sales of up to $2 billion
Equinor has closed the planned sale of its assets in Nigeria and Azerbaijan for a total consideration of up to $2 billion, completing exits from the two countries after some 30 years, the Norwegian oil and gas firm said on Monday.
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20h
Another Foreign Company Leaves Nigeria After 31 Years, Sells Off Assets for Over $1bn
Equinor has decided to sell off its assets and exit Nigeria after 31 years, transferring them to Chappal Energies, which has ...
Trend News Agency
1d
Equinor achieves financial close for groundbreaking UK carbon capture projects
Equinor holds a 45% stake in NEP and a 25% stake in NZT Power, with bp and TotalEnergies as key partners. The combined ...
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