Equinor Exits Nigeria & Azerbaijan With $2B Asset Divestments
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Equinor has completed divestments worth $2 billion in Nigeria and Azerbaijan, aiming to streamline its oil and gas portfolio for long-term growth and profitability.
December 10, 2024 | 2:30 pm
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Equinor has divested $2 billion in assets in Nigeria and Azerbaijan, which is part of its strategy to streamline its portfolio for long-term growth and profitability.
The divestment of $2 billion in assets is a significant move for Equinor, indicating a strategic shift towards optimizing its portfolio for better long-term growth and profitability. This could positively impact the stock price as investors may view this as a prudent financial decision.
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