Russia’s Rosneft paid just $1 for a Norwegian oil major’s main assets when the Ukraine war forced it to exit the country: report Rosneft paid just 1 euro ($1) for Equinor''s main assets when the Norwegian oil major left Russia, per Reuters. Western oil majors have been trying to exit Russia given the sanctions its faces over the Ukraine war. The Kremlin allowed Equinor to drop $1 billion worth of its investment commitments as part of the deal. Russia''s state-run energy giant Rosneft paid the equivalent of $1 for Equinor ''s main assets when the Norwegian oil major left its operations in the country earlier this month, Reuters reported. In sealing the deal that allowed it to fully exit Russia, Equinor dodged a long-drawn-out faceoff with Moscow, but at a cost. After weeks of negotiations, the Kremlin agreed to allow Equinor to drop $1 billion worth of future investment liabilities and commitments, Reuters reported Wednesday, citing three industry sources. They will be transferred to Rosneft as part of the deal, which called for the Norwegian company to sell its stake in its joint ventures with its Russian counterpart for just 1 euro ($1) in return.