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Chevron closes Rosebank sale to Equinor

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Equinor completed its acquisition of Chevron’s operated 40% WI in the Rosebank project in the prolific West of Shetland area of the UK North Sea. First announced in October, the deal marks Equinor’s return to Rosebank, where it previously held a non-op 30% WI that it sold to Austria’s OMV in 2013. Equinor’s Rosebank partners are Canada’s Suncor Energy (40% WI) and privately held Siccar Point Energy (20% WI). Rosebank was discovered in 2004......
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