The Irish arm of Norwegian state-owned Equinor paid out a dividend of €350m last year before finalising the sale of its 36.5pc share of Corrib Gas to Vermilion Energy.
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Vermillion Energy, the firm which owns a majority stake in the Corrib gas field, said it has completed a turnaround of production facilities at the field five days ahead of schedule.
Vermilion Energy, the Canadian-listed energy giant, announced it had closed the acquisition of Equinor Energy Ireland for a net purchase price of C$200m (€135m).