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

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

    Published by Global Banking and Finance Review

    Posted on February 2, 2026

    1 min read

    Last updated: February 2, 2026

    Equinor divests parts of its Argentina assets in $1.1 billion deal - Finance news and analysis from Global Banking & Finance Review
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    Tags:investmentfinancial marketscorporate strategy

    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.

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