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SOCAR and ONGC Videsh to acquire a minority stake in Azeri-Chirag-Gunashli oilfields and the Baku-Tbilisi-Ceyhan oil pipeline in Azerbaijan from Equinor for $720m.

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Service Providers

Morgan Lewis & Bockius

legal advisors

Morgan Lewis & Bockius

or

Principals

EQUINOR (AZERI CHIRAG GUNASHLI AND BAKU TBILISI CEYHAN)

target

EQUINOR (AZERI CHIRAG GUNASHLI AND BAKU TBILISI CEYHAN)

EQUINOR ASA

vendor

EQUINOR ASA

STATE OIL COMPANY OF THE REPUBLIC OF AZERBAIJAN (SOCAR)

bidder

STATE OIL COMPANY OF THE REPUBLIC OF AZERBAIJAN (SOCAR)

ONGC VIDESH LIMITED

bidder

ONGC VIDESH LIMITED

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