Equinor Buys Chevron's 40% Stake in Major U.K. Oil Field

Equinor Buys Chevron's 40% Stake in Major U.K. Oil Field

Equinor Buys Chevron

GALWAY, IRELAND--October 9, 2018--Written by Martin Lynch, European News Editor for Industrial Info (Galway, Ireland)--Norway's Equinor (NYSE:EQNR) (Stavanger, Norway), formerly Statoil, has agreed to purchase Chevron's (NYSE:CVX) (San Ramon, California) 40% stake in the Rosebank oilfield west of Scotland's Shetland Islands for an undisclosed sum.

Within this article: Details stake sale to Equinor, projects in the pipeline, potential yield, partners

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