Equinor might be buying UK oil field for EUR 2-3bn

The oil firm’s business development department is working towards bidding on Chinese CNOOC’s assets on the British shelf, according to business media DN.

by ANDERS LIE BRENNA, translated by jonas sahl hollænder

Norwegian media Dagens Næringsliv reports that Equinor’s business development department for months has been working on a potential acquisition of Chinese CNOOC’s assets on the UK continental shelf, citing information in the London finance market and sources within Equinor.

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