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Chappal Energies completes $1.2bn acquisition of Equinor Nigeria oil asset
Chappal Energies has successfully finalized the acquisition of Equinor Nigeria Energy Company, a subsidiary of Norway’s Equinor ASA. The deal, first announced in 2023, was completed on December 6, 2025, following the confirmation of the sale by Equinor Nigeria on November 29, 2023. The acquisition involves ENEC’s 54% stake in the OML 128 oil and […]