Equinor completed the acquisition of Suncor Energy UK for $850m.

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.