Equinor (EQNR) and Chappal Energies have entered into an agreement for the sale of Equinor Nigeria Energy Company, which holds a 53.85% ownership in oil and gas lease OML 128, including the unitized 20.21% stake in the Agbami oil field, operated by Chevron (CVX). The closing of the transaction is subject to the satisfaction of certain conditions including all regulatory and contractual approvals.
Protect Your Portfolio Against Market Uncertainty
- Discover companies with rock-solid fundamentals in TipRanks' Smart Value Newsletter.
- Receive undervalued stocks, resilient to market uncertainty, delivered straight to your inbox.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
See today’s best-performing stocks on TipRanks >>
Read More on EQNR: