Reuters reported on Oct. 17 that the Norwegian state energy firm is considering buying oilfields in die UK North Sea from Chinese state energy major CNOOC Ltd., which acquired these fields in 2013 from Canadian oil producer Nexen. One of the deals mat Equinor is looking at is taking "a significant stake" in a deal valued at $1.9-2.8B. According to Norwegian business newspaper Dagens Naeringsliv, the deal might be finalized as early as the end of the current year. When asked to comment on the deal, an Equinor spokesperson told Reuters, "As a matter of principle, we never comment on rumors and speculation."
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