Equinor, YPF to sell stake in oil, gas block off Argentina to Shell

Equinor, YPF to sell stake in oil, gas block off Argentina to Shell
Representative Image Image Credit: ANI
  • Country:
  • Norway

Norway's Equinor and Argentina's YPF have agreed to sell 30% of their jointly-held non-operated interests in the CAN 100 block offshore Argentina to Shell, Equinor said on Thursday.

After the transaction, which is pending government approval, Equinor and YPF will hold 35% each in the block.

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