Equinor sells majority stake in Brazilian oil field for $3.5bn

Norwegian energy major Equinor has sold its stake in the Peregrino field to Brazilian company Prio Tigris, a subsidiary of PRIO, for $3.5bn Equinor sold its 60% operated interest in the field to PRIO, Brazil’s largest independent oil and gas company, for a consideration of $3.35bn and an additional maximum of $150m in interest. The …

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