Equinor to acquire a stake in KoBold Metals.

Equinor, Norway's state-backed energy company, is set to acquire a minority stake in KoBold Metals, an investor in battery materials projects. Financial terms were not disclosed. “Data science and analytics applied to big subsurface data will be increasingly important for low-carbon and low-cost oil and gas discoveries. Partnerships with companies like Kobold Metals will provide us with valuable insights and application of new techniques to the overall exploration process,” Lisa Rebora, Equinor Senior Vice President.