Equinor to Acquire Sval Energi’s 11.8% Stake in Halten East Subsea Development

Post Views: 373 Halten East   Equinor Expands Stake in Halten East with Sval Energi Acquisition Equinor has agreed to acquire Sval Energi’s 11.8% stake in the Halten East subsea development, increasing its ownership to 69.5%. This Equinor Halten East acquisition strengthens its position in the Norwegian Sea, allowing the company to fully leverage gas production. Vår Energi and Petoro will hold 24.6% and 5.9%, respectively. The deal will close in early 2024, with an effective date of January 1, 2024, pending regulatory approval.   Halten East: A Key Gas Project in the Norwegian Sea Ha...