Oil and gas companies operating in Norway projected to invest $25bn in 2025 [Yahoo! Finance]
Equinor ASA (EQNR)
Last equinor asa earnings: 2/6 12:43 am
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Source: Yahoo! Finance
This marks an increase from Nkr263.7bn this year and exceeds earlier expectations, the association said. A year ago, the industry group had forecasted oil and gas investments for 2024 and 2025 to total Nkr240bn and Nkr225.9bn, respectively. The increase in investment is attributed to a combination of cost inflation, accelerated development, expanded project scopes at various fields and additional drilling at existing oil and gas sites, according to Offshore Norge. Companies intend to begin drilling 45 exploration wells in Norwegian waters next year, an increase from 41 in 2024 and the highest number since 2019, the group reported. Norway, the largest oil and gas producer in western Europe, currently produces just over four million barrels of oil equivalent per day (boepd) and is focused on extending its production for decades to come. The outlook was derived from responses provided by 14 companies including Equinor, Aker BP, Vår Energi, ConocoPhillips and Shell, which togeth
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EQNR
News
- Equinor ASA (NYSE: EQNR) was upgraded by analysts at StockNews.com from a "buy" rating to a "strong-buy" rating.MarketBeat
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EQNR
Earnings
- 10/24/24 - Beat
EQNR
Sec Filings
- 12/17/24 - Form 6-K
- 12/13/24 - Form 6-K
- 12/12/24 - Form 6-K
- EQNR's page on the SEC website