Equinor: agreement with OKEA in Statfjord region
(CercleFinance.com) - Equinor announces that it has reached an agreement to sell 28% of its working interest in PL037 (Statfjord area) to OKEA, with an effective date of 1 January 2023.
The total consideration is $220m, plus a contingent payment element based on oil and gas prices over a 3-year period.
A 28% working interest in PL037 will give OKEA 23.9% in Statfjord, 28% in Statfjord Nord, 14% in Statfjord Øst and 15.4% in Sygna.
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The total consideration is $220m, plus a contingent payment element based on oil and gas prices over a 3-year period.
A 28% working interest in PL037 will give OKEA 23.9% in Statfjord, 28% in Statfjord Nord, 14% in Statfjord Øst and 15.4% in Sygna.
Copyright (c) 2023 CercleFinance.com. All rights reserved.