Deal Insight
Equinor sells its interest in Tommeliten Alpha to PGNiG for US$220m
Report summary
On 18 October 2018, Equinor announced the sale of its non-operated interests in the Tommeliten Alpha gas/condensate field to PGNiG for US$220 million. This deal is the latest in a string of non-core asset divestments from the Major, and swiftly follows the King Lear deal earlier this month. For PGNiG, Tommeliten Alpha is its third acquisition since the approval of a new company strategy in 2017 which aims to increase Norwegian equity gas production to at least 2.5 bcm/y from 2022.
Table of contents
- Executive summary
- Transaction details
- Upstream assets
- Deal analysis
- Upsides and risks
- Strategic rationale
- Oil & gas pricing and assumptions
Tables and charts
This report includes 7 images and tables including:
- Executive summary: Table 1
- Upstream assets: Table 1
- Deal analysis: Table 1
- Deal analysis: Table 2
- Deal analysis: Table 3
- Oil & gas pricing and assumptions: Table 1
- Oil & gas pricing and assumptions: Table 2
What's included
This report contains:
Other reports you may be interested in
Asset Report
La Zarza zinc mine project
A detailed analysis of the La Zarza zinc mine project.
$2,250
Asset Report
Pallas Green zinc mine project
A detailed analysis of the Pallas Green zinc mine project.
$2,250
Asset Report
La Zarza copper mine project
A detailed analysis of the La Zarza copper mine project.
$2,250
