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Equinor sells Nigerian business to Chappal Energies
The Fly

Equinor sells Nigerian business to Chappal Energies

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.

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