UPDATED: Equinor forfeits $86 million after exiting exploration acreage offshore Canada

Norwegian major relinquishes Flemish Pass basin exploration licenses in Newfoundland & Labrador

Portfolio rationalised: an Equinor flag flutters at the oil company's headquarters in Stavanger — Portfolio rationalised: an Equinor flag flutters at the oil company's headquarters in StavangerPhoto: REUTERS/SCANPIX

Iain Esau

London

Canada Flemish Pass China National Offshore Oil Corp Chevron ExxonMobil

Published 31 January 2022, 16:39Updated 1 February 2022, 11:54