Saudi PIF Holds Stake in Equinor

Saudi Arabia's sovereign wealth fund, the Public Investment Fund (PIF), holds a 0.3% stake in oil and gas firm Equinor , the Norwegian firm's public records showed ahead of Thursday's annual general meeting of shareholders.

The stake, worth 1.5 billion Norwegian crowns (US$146 million), makes PIF the 19th biggest owner. The Norwegian government owns 67% of Equinor.