Equinor completes the 10 percent stake of Ørsted
Equinor has completed the acquisition of 10 percent of the shareholding in Ørsted A/S (“Ørsted”) as announced on 7 October 2024.
Following approvals under applicable Foreign Direct Investment regulations, Equinor has acquired an additional 0.2 percent shareholding (corresponding to 840,764 shares) in Ørsted.
The volume weighted average price for the 10 percent stake is DKK 398.5 per share equaling a total consideration of USD 2.3bn based on a USD/DKK exchange rate of 7.15.
Latest news
New oil and gas discovery near the Troll field in the North Sea
Equinor has made a discovery 17 kilometres west of the Troll field in the North Sea. The discovery is currently estimated at between 2 and 12 million barrels of oil equivalent.
Notifiable trading
Allocation of shares to certain primary insiders and their close associates in Equinor under Equinor’s share savings plan.
Equinor and partners approve execution of UK’s first carbon capture and storage projects
Equinor, alongside project partners, has announced financial close after taking a Final Investment Decision (FID) to progress to execution phase on two of the UK’s first carbon capture and storage (CCS) projects in Teesside, the Northern Endurance Partnership (NEP) and Net Zero Teesside Power (NZT Power).