May 13, 2019 / 12:19 PM / 8 days ago

Equinor buys additional stake in offshore U.S. oilfield for $965 mln

OSLO, May 13 (Reuters) - Equinor has acquired an additional 22.45% stake in the deepwater Caesar Tonga oilfield in the U.S. Gulf of Mexico from Shell for $965 million in cash, the Norwegian company said on Monday.

The acquisition will increase Equinor's interest in the field to 46%. (Reporting by Nerijus Adomaitis, editing by Terje Solsvik)

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