Equinor

Equinor ASA engages in the exploration, production, transport, refining, and marketing of petroleum and petroleum-derived products. It operates through the following segments: Exploration and Production Norway, Exploration and Production International, Exploration and Production USA, Marketing, Midstream, and Processing, Renewables, and and Other. The Exploration and Production Norway segment includes the commercial development of oil and gas portfolios on the Norwegian continental shelf. The Exploration and Production International segment covers offshore and onshore activities in the USA, Mexico, and other operations worldwide. The Exploration and Production USA segment covers both onshore and offshore exploration, development, and Production of oil and gas in USA. The Marketing, Midstream, and Processing segment markets and trades of crude oil and condensate, natural gas, NGL and refined products. The Renewables segment focuses on offshore wind,and integrated solutions for onshore renewables. The Other segment includes projects, drilling and procurement, the business area technology, digital and innovation, and corporate staffs and support functions. The company was founded on September 18, 1972 and is headquartered in Stavanger, Norway.

Earnings data Q1 2021

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Equinor ASA engages in the exploration, production, transport, refining, and marketing of petroleum and petroleum-derived products. It operates through the following segments: Exploration and Production Norway, Exploration and Production International, Exploration and Production USA, Marketing, Midstream, and Processing, Renewables, and Other. The Exploration and Production Norway segment includes the commercial development of oil and gas portfolios on the Norwegian continental shelf. The Exploration and Production International segment covers offshore and onshore activities in the USA, Mexico, and other operations worldwide. The Exploration and Production USA segment covers both onshore and offshore exploration, development, and Production of oil and gas in the USA. The Marketing, Midstream, and Processing segment markets and trades of crude oil and condensate, natural gas, NGL and refined products. The Renewables segment focuses on offshore wind, and integrated solutions for onshore renewables. The Other segment includes projects, drilling and procurement, the business area technology, digital and innovation, and corporate staffs and support functions. The company was founded on September 18, 1972, and is headquartered in Stavanger, Norway.

Equinor has strong financial results, with $7.5 billion in adjusted operating income and $2.7 billion in net income in 1Q 2024.

Equinor Remains An Increasingly Diversified Cash Flow Machine

Equinor has signed a long-term deal with engineering companies to help drive down the cost of developing two offshore oil discoveries that were previously postponed, the Norwegian energy group said on Thursday.

Equinor seeks to revive costly Norway, Canada oil prospects

Luxembourg – 2 May 2024 - Subsea 7 S.A. (Oslo Børs: SUBC, ADR: SUBCY) today announced the signing of a new long-term strategic collaboration agreement between Equinor and Subsea Integration Alliance (which comprises Subsea7 and OneSubsea). The agreement, which was signed today in Stavanger, Norway, represents an innovative, integrated way of working. It enables early information sharing and other collaborative benefits critical to unlocking subsea projects by making them economically viable. Building on their experience as members of Subsea Integration Alliance, this agreement also further cements Subsea7 and OneSubsea's positions as trusted contractors to Equinor.

Subsea7: Subsea Integration Alliance collaboration agreement with Equinor; Commencing work on Wisting and Bay du Nord

A close associate to a primary insider in Equinor ASA (OSE: EQNR, NYSE: EQNR) has sold shares in Equinor ASA. Alf Torstensen, close associate to executive vice president Siv Helen Rygh Torstensen, has on 30 April 2024 sold 350 shares in Equinor ASA at a price of NOK 300.90 per share.

Notifiable trading – Equinor ASA

Equinor's (EQNR) Q1 earnings benefit from increased production across its segments. However, lower price of gas partially offset the positives.

Equinor (EQNR) Q1 Earnings and Revenues Beat Estimates

The planned restart of Equinor's Hammerfest liquefied natural gas (LNG) plant, which was evacuated and shut earlier this week due to a gas leak, has been postponed until Saturday, transparency data showed on Friday.

Equinor's Hammerfest LNG plant outage extended until Saturday

Equinor ASA (NYSE:EQNR ) Q1 2024 Earnings Conference Call April 25, 2024 5:30 AM ET Company Participants Bard Pedersen - SVP of IR Torgrim Reitan - CFO Conference Call Participants Biraj Borkhataria - RBC Capital Markets Teodor Sveen-Nilsen - Sparebank 1 Market Martijn Rats - Morgan Stanley Michele Della Vigna - Goldman Sachs Kim Fustier - HSBC Yoann Charenton - Bernstein Paul Redman - BNP Paribas Henri Patricot - UBS Jason Gabelman - TD Cowen Peter Low - Redburn Chris Kuplent - Bank of America Merrill Lynch Nash Cui - Barclays Operator Ladies and gentlemen, thank you for standing by. Welcome, everyone, to the Equinor Analyst Call for Q1.

Equinor ASA (EQNR) Q1 2024 Earnings Call Transcript

Norway's Equinor is confident of finding an investor for its planned Empire Wind 1 offshore wind farm in New York after a new power off-take agreement improved the project's economics, the company said on Thursday.

Equinor upbeat about investor interest in US offshore wind farm

Equinor on Thursday posted higher-than-expected profits for the first quarter and said this was driven by high production in its native Norway and strong operational performance.

Equinor Q1 profit beats forecast

Equinor (OSE: EQNR, NYSE: EQNR) will after the annual general meeting 14 May 2024 commence the second tranche of up to USD 1.6 billion of the share buy-back programme for 2024, as announced in relation with the first quarter results 25 April 2024.

Equinor to commence second tranche of the 2024 share buy-back programme

Key information relating to the cash dividend to be paid by Equinor (OSE: EQNR, NYSE: EQNR) for first quarter 2024. Ordinary cash dividend amount: 0.35 Extraordinary cash dividend amount: 0.35 Announced currency: USD Last day including rights: 15 August 2024 Ex-date Oslo Børs: 16 August 2024 Ex-date New York Stock Exchange: 19 August 2024 Record date: 19 August 2024 Payment date: 28 August 2024 Date of approval: 24 April 2024 Other information: The cash dividend per share in NOK will be communicated 23 August 2024.

Equinor ASA: Key information relating to cash dividend for first quarter 2024

Equinor (OSE: EQNR, NYSE: EQNR) delivered adjusted operating income* of USD 7.53 billion and USD 2.57 billion after tax in the first quarter of 2024. Equinor reported net operating income of USD 7.63 billion and net income at USD 2.67 billion. Adjusted net income* was USD 2.84 billion, leading to adjusted earnings per share* of USD 0.96.

Equinor first quarter 2024 results

Equinor's Hammerfest LNG plant in Arctic northern Norway was evacuated on Tuesday due to a gas leak that occurred during maintenance, the company said in a statement.

Equinor's Hammerfest LNG plant evacuated due to gas leak

The annual general meeting of Equinor ASA (OSE: EQNR, NYSE: EQNR) will be held 14 May 2024 at 15:00 CEST. The annual general meeting will be held in Equinor Business Center, Forusbeen 50, 4035 Stavanger for those attending in person and via Lumi AGM for those attending digitally.

Equinor ASA: Notice of annual general meeting 14 May 2024

Nexans closes groundbreaking service level contract with Equinor _ PRESS RELEASE _ Nexans and energy company Equinor strengthen their long-term collaboration with a four-year contingency and preparedness contract. Nexans' unique and extensive repair expertise covers all types of existing cables The contract includes assistance from a team of Nexans experts and the provision of a vessel to meet the intervention requirements.

Nexans closes groundbreaking service level contract with Equinor

Equinor (EQNR) extends partnership with Soiltech for two years to provide innovative waste management solutions in the North Sea, thereby advancing sustainability.

Equinor (EQNR) Extends Waste Management Contract With Soiltech

Equinor has shown outperformance, rising 5% while the market has gone negative, indicating its potential value. Equinor has an AA credit rating and low long-term debt/leverage, making it an attractive investment. The company is accelerating its move into the renewable sector and has plans to increase its renewable capacity significantly. However, due to valuation, I view the company as a "HOLD".

Equinor: Outperformance Since My Last Piece - Downgrading To 'Hold'

EQT said on Monday it would sell 40% interest in its non-operated natural gas assets in northeast Pennsylvania to Equinor USA Onshore Properties for $500 million in cash and some assets.

EQT to sell some natgas assets in northeast Pennsylvania to Equinor USA

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Equinor's (EQNR) electrification efforts are reshaping the future of offshore energy, thereby reducing carbon emissions and paving the way for a greener tomorrow.

Equinor (EQNR) Boosts Electrification Efforts Offshore Norway

NANTES, France--(BUSINESS WIRE)--EuroGreen Maritime SAS (EGM), a pioneering French shipping company at the forefront of sustainable maritime solutions, announced today that it has solidified its commitment to environmental excellence by entering into a seven-year charter agreement for four vessels with the Norwegian energy company Equinor ASA (NYSE: EQNR) after being awarded the contract of the tender process initiated in December 2023. This transaction represents a significant advancement in g.

EuroGreen Maritime Secures Seven-Year Charter with Equinor ASA for Four Advanced Hybrid Battery / Dual-Fuel Methanol Tankers with Wingsails

Equinor's (EQNR) alliance with DeepOcean is revolutionizing subsea repairs and powering the next wave of offshore innovation and renewable energy solutions.

Equinor (EQNR) Deepens Marine Services Pact With DeepOcean

Equinor's (EQNR) withdrawal from the tender marks a key moment in the Dutch offshore wind sector, emphasizing the need for strategic adjustments in tendering and project scale for renewable growth.

Equinor (EQNR) and Eneco Exit Dutch Offshore Wind Tender

Equinor (EQNR) and DNO progress with appraisal activities for the Heisenberg discovery, unlocking new potential in Norway's North Sea.

Equinor (EQNR), DNO Advance Heisenberg Discovery in North Sea

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Oceaneering

With recent discussions around the ramifications of deep-sea mining, global governments are weighing the pros and cons of ocean-bound resources. Though the risks for marine ecosystems are significant, the first underwater mining companies are set to begin excavation in 2025.

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