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Equinor divests parts of its Argentina assets in $1.1 billion deal

Published by Global Banking & Finance Review

Posted on February 2, 2026

1 min read

· Last updated: February 2, 2026

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Equinor divests parts of its Argentina assets in $1.1 billion deal
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OSLO, Feb 2 (Reuters) - Norway's Equinor said on Monday it has agreed to sell its onshore business in Argentina's Vaca Muerta basin to Vista Energy for $1.1 billion, half paid in cash and the other in

Equinor Sells Argentina Assets to Vista Energy for $1.1 Billion

Equinor's Strategic Move in Argentina

OSLO, Feb 2 (Reuters) - Norway's Equinor said on Monday it has agreed to sell its onshore business in Argentina's Vaca Muerta basin to Vista Energy for $1.1 billion, half paid in cash and the other in the form of Vista shares.

Details of the Transaction

(Reporting by Terje Solsvik, editing by Anna Ringstrom )

Key Takeaways

  • Equinor sells its onshore business in Argentina.
  • The deal is valued at $1.1 billion.
  • Half of the payment is in cash, half in Vista shares.
  • The assets are located in the Vaca Muerta basin.
  • This marks a strategic divestment for Equinor.

Frequently Asked Questions

What is asset divestment?
Asset divestment refers to the process of selling off a subsidiary, business unit, or asset to improve financial performance or focus on core operations.
What is the Vaca Muerta basin?
The Vaca Muerta basin is a geological formation in Argentina known for its significant reserves of shale oil and gas, making it a key area for energy investment.
What are corporate strategies?
Corporate strategies are plans and actions that organizations implement to achieve long-term goals, enhance competitive advantage, and maximize shareholder value.

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