-- Equinor is preparing to sell a 20% stake in the Rosebank oil development in the British North Sea, Reuters reports citing two industry sources.

-- The sale could garner the Norwegian energy major--which owns 80% of the project--$1.5 billion, contingent on oil prices and the structure of the deal, Reuters reports.

-- Equinor didn't immediately respond for comment when contacted by Dow Jones Newswires.

Full story: https://tinyurl.com/pm4rej4j

Write to Christian Moess Laursen at christian.moess@wsj.com

(END) Dow Jones Newswires

November 07, 2023 13:03 ET (18:03 GMT)

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