Market Chatter: Equinor Planning to Divest Multiple Energy Assets in Angola

MT Newswires Live02-27

Equinor (EQNR) is planning to offload several of its oil and gas assets in Angola, Bloomberg reported Friday, citing people familiar with the matter.

The Norwegian energy company hired a financial adviser to find prospective purchasers, the report said. The company plans to keep a minor interest in one of the fields, the report added.

Internal discussions are currently underway, and the company has not reached a final decision on a deal, the report said.

Equinor did not immediately respond to MT Newswires' request for a comment.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

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