Statoil and EQT Corp. have completed their transaction, whereby Statoil has sold its non-core operated assets in the US state of West Virginia to EQT Corp.
The transaction covers approximately 62 500 ha.
Equity production from the properties in 1Q16 was 9300 boe/d.
Statoil retains its operated properties in the US state of Ohio and its non-operated Marcellus positions.
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McDermott International Inc. has announced, alongside its partners Chiyoda International Corp. and Zachry Group, that Train 1 of the Freeport LNG project has reached the final commissioning stage.
