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Equinor to Obtain Shell Stake, Operatorship of Linnorm in NCS

Equinor ASA is boosting its stake in the Linnorm discovery in the Norwegian Sea by acquiring Shell plc s 30 percent equity in PL 255.

Sogn og fjordaneNorwegian seaOceans generalAasta hansteenMarianne olsnesGina krogStatfjord nordMartin lingeEquinor energyNorwegian petroleum directorateNorwegian continental shelfKjetil hoveNorwegian continentalEquinor operated kristinTilje formationsMiddle jurassic

Equinor Boosts Stake in Linnorm Discovery through Shell Acquisition

The transaction is anticipated to conclude in the first quarter of 2024, pending approval from Norwegian authorities.

Norwegian seaOceans generalMartin lingeSea haltenAasta hansteenMarianne olsnesGina krogEquinor energyNorwegian continental shelfExecutive vice presidentProduction norwayEquinor operated kristinManaging directorOffshore projectOffshore rig

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