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Member News11th Jan 2019

Equinor completes acquisition of Rosebank project

Equinor has completed the acquisition of Chevron’s 40% operated interest in the Rosebank project, west of Shetland. The terms of the deal were not disclosed.

First announced in October 2018, the acquisition of Rosebank strengthens Equinor’s UK upstream portfolio, which also includes the Mariner development – expected to start commercial production during the first half of 2019. Read more…