Equinor to acquire Suncor Energy’s UK assets for $850m

Equinor to acquire Suncor Energy’s UK assets for $850m

Norwegian state-owned multinational energy company Equinor through its subsidiary Equinor UK will acquire the UK assets of Canada’s Suncor Energy for $850 million, to optimize its oil and gas portfolio and increase its presence in the UK market. With proposed transaction, Equinor will add around 15,000 barrels of oil equivalent a day in equity share […]