You have accessed this news story:
A&D - Equinor preempts Delek in $965MM GOM buy from Shell - May 2019
Equinor struck a $965 million all-cash deal that will see the Norwegian firm take its non-operated stake in the Caesar Tonga oil field in the deepwater Gulf of Mexico to 46% through the acquisition of Shell’s 22.45% WI. By exercising its preferential rights to acquire the stake, Equinor thwarted a proposed acquisition by Israel’s Delek Group. Anadarko, which will soon be acquired by Occidental Petroleum (PG.1), operates the asset with 33.75% WI, and Chevron holds the remaining 20.25% WI. Located 290......
Provide your credentials to access this page
Member Area: Log in if you have a PLS web account or Sign up for internet access now.
PLS Web Client?Log in to proceed
|Sign up for PLS Reports
& Web Access!
Already subscribed to Reports?
Sign up for Web Access!