MANDATE

Vinge advised Equinor in connection with divestment of shares in Lundin Petroleum and investment

July 12, 2019

The Norwegian energy company Equinor ASA announced on 7 July that it had agreed with Lundin Petroleum AB (publ) to divest around 54.5 million shares in Lundin Petroleum for a total consideration of around USD 1.56 billion and to acquire 2.6% of the development project Johan Sverdrup for a cash consideration of USD 910 million.  

Equinor ASA is a global energy company with more than 20,000 employees and business in more than 30 countries. Equinor is the largest oil and gas operator in Norway, one of the largest offshore operators globally and has a growing portfolio of renewable assets in wind and solar power.
 
Vinge’s team consisted of Dain Hård Nevonen, David Andersson, Johan Karlsson och Anna Grigorian.