Finance
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 readLast updated: February 2, 2026
Quick Summary
Equinor has agreed to sell its onshore assets in Argentina's Vaca Muerta basin to Vista Energy for $1.1 billion, with payment split between cash and shares.
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 about Equinor divests parts of its Argentina assets in $1.1 billion deal
1What 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.
2What 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.
3What are corporate strategies?
Corporate strategies are plans and actions that organizations implement to achieve long-term goals, enhance competitive advantage, and maximize shareholder value.
