Equinor sells its Danish refining business
Case News
Equinor has entered into an agreement with the Klesch Group for the sale of Equinor's shares in Equinor Refinering Denmark A/S. Plesner has assisted Equinor in connection with the sale.
The Kalundborg refinery was built in 1961 and was acquired by Equinor in 1986. The plant can process 107,000 barrels a day of crude oil and condensate for gasoline, diesel, propane and heating oil. Annual production capacity is up to 5.5 million tonnes of oil products.
Completion will, among other things, be dependent on approval by the Danish authorities.
Plesner's team on the transaction consisted of Niklas Korsgaard Christensen, Nicolai Ørsted, Simon Skjold Jensen og Sofie Riisgaard Mathiesen.