Equinor ASA (OB:EQNR) agreed to acquire Certain Norwegian shelf assets from Petoro AS on May 14, 2024. Equinor and Petoro have agreed to swap ownership of certain Norwegian shelf assets in a ?value-neutral? agreement.

Equinor will increase its ownership in Heidrun field and the Noatun discovery and reduce its ownership in Tyrihans field and Castberg field, as well as the Carmen and Beta discoveries. Following the deal completion, which is subject to regulatory approvals and approval by the Norwegian Parliament, Equinor will own 34.4% in Heidrun and 36.3% in Tyrihans, while Petoro will own 36.4% in Heidrun and 22.5% in Tyrihans. Equinor ownership of Johan Castberg will be 46.3% and Petoro will own 23.7%.

In Noatun, Equinor will own 27.5% and Petoro will own 0%. In Beta, Equinor will hold 50% interest, while Petoro will hold 10%. In Carmen, Equinor will hold 25.7% and Petoro will hold 36.4%.