Extract from our Nordic M&A Newsletter

Read more about our Nordic M&A Newsletter service including the M&A Portal and Private Equity Portfolio Tracker.
Equinor acquires 22.5 pct of an oil field in the Gulf of Mexico
May 14, 2019

Equinor has exercised its preferential rights to acquire 22.45 pct. of Caesar Tonga oil field from Shell for a total consideration of USD 965m in cash. Equinor now controls 46 pct of the oil field which makes them majority shareholder. No financial of the deal has been disclosed.

ⓘ This story was originally featured in our daily Nordic M&A Newsletter - we publish some of the newsletter content with delay through our M&A Newsletter Library. If you would like more insights on this deal or industry then send us an email at requests@nordicknowledgepartners.com