May 25, 2022 at 14:05 Equinor is now out of Russia Equinor’s process of withdrawing from Russia has now been completed, the oil company reports on its website. All new investments in the country and trade in oil and gas products from Russia have now been stopped. – Equinor has now transferred its participant shares in four Russian joint ventures to Rosneft and is released from all future obligations. An agreement to leave the Kharyaga project has also been signed, the press release states. The company decided to withdraw from Russia on February 28 this year, which led to write-downs of Equinor’s holdings in Russia in the first quarter.
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