Equinor Sells Vaca Muerta Onshore Assets in $1.1 Billion Deal With Vista

Norway’s Equinor has agreed to divest its entire onshore portfolio in Argentina’s prolific Vaca Muerta basin to Vista Energy in a transaction valued at roughly $1.1 billion, as the company continues to streamline its international upstream footprint. The deal covers Equinor’s non-operated stakes in two shale assets: a 30% interest in Bandurria Sur and a 50% interest in Bajo del Toro. Equinor’s offshore acreage in Argentina is not part of the transaction and remains a core element of its longer-term option ...