Announced
Completed
Financials
Tags
Integrated Oil and Gas
Acquisition
Domestic
Single Bidder
Friendly
oil and gas
Majority
Private
United Kingdom
Completed
Synopsis
Equinor, an energy company, completed the acquisition of Suncor Energy UK, an oil and gas production firm for $850m. “This transaction is in line with Equinor’s strategy of optimizing our oil & gas portfolio and deepening in our core countries. We are building on our longstanding position as a broad energy partner to the UK, strengthening our position as a reliable energy provider in Europe, while continuing to deliveron our ambition of becoming a net-zero company,” Philippe Mathieu, Equinor Executive Vice President.
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