The acquisition of Spirit Energy’s interest in the Statfjord field was announced 8 December 2021 with a commercial effective date 1 January 2021.
The transaction has now been completed after receiving the necessary approvals and the legal transfer was completed by 31 May 2022.
As part of closing the transaction, Equinor has received a payment of USD 193 million from Spirit Energy.
About Equinor
Equinor (OSE:EQNR, NYSE:EQNR), is an international energy company with a proud history. Formerly Statoil, we are 20,000 committed colleagues developing oil, gas, wind and solar energy in more than 30 countries worldwide. We’re the largest operator in Norway, among the world’s largest offshore operators, and a growing force in renewables. Driven by our Nordic urge to explore beyond the horizon, and our dedication to safety, equality and sustainability, we’re building a global business on our values and the energy needs of the future.
About Spirit Energy
Spirit Energy Limited is a leading independent oil and gas operator in Europe, with 2020 production of nearly 45 mmboe, and 2020 year-end 2P reserves of 246 mmboe.
Spirit Energy has operated and non-operated interests across the UK, Norway and the Netherlands, with 33 producing fields and nearly 150 exploration licenses.
Employing more than 800 people, Spirit is headquartered in the UK, with offices in Staines-upon-Thames and Aberdeen in the UK; Stavanger in Norway, and Hoofddorp in the Netherlands. The business also owns and operates the Barrow Gas Terminals in the UK.
The company is owned by Centrica plc (69%) and Stadtwerke München Group (31%)