Equinor ASA
Coverage of Equinor ASA in the Nexus archive.
- Oil Investments to Drop for Third Year on War Shock, IEA Says
The IEA reports oil investments will decline for the third consecutive year due to war-related disruptions. Norway's Equinor ASA is developing the Johan Castberg Arctic oil field, estimated to hold 450-650 million barrels, as part of the country's Arctic resource extraction push.
- Equinor Trading Profits to Beat Forecast as War Spurs Volatility
Equinor ASA's trading profits are expected to exceed forecasts due to increased volatility driven by ongoing war-related disruptions. The company's offshore oil drilling platform in the North Sea, Norway, is a key asset in this context.
- Equinor Halves Scatec Stake as Focus Grows on Oil, Gas Output
Equinor ASA has reduced its stake in Scatec by half, reflecting a strategic shift toward prioritizing oil and gas production. The move underscores the company's renewed focus on core energy sectors.