Equinor sells US Bakken shale assets and reports LNG negatives for Tanzania and Hammerfest

Wednesday, 10 February 2021

Equinor of Norway, the largest natural gas producer in Western European fields, said it was selling its assets in the oil-rich Bakken shale formation in the US states of North Dakota and Montana as it reported quarterly and annual losses and wrote-down assets by almost $1 billion on the Tanzania LNG project.

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