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

Tuesday, 16 February 2021

LNG News Editor: 

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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