Equinor (NYSE: EQNR) has finalized the sale of its 40% operated interest in the Peregrino oil field offshore Brazil to PRIO for a total consideration of USD 2.33 billion, transferring operatorship and advancing its strategy to streamline its global upstream portfolio. The Norwegian energy major confirmed receipt of USD 1.55 billion at closing, after accounting for earlier deposits and interim cash flows. PRIO, Brazil’s largest independent oil producer, now holds full ownership and operational control of t ...