OB:EQNROil and Gas
Equinor (OB:EQNR) Valuation Check After 35 New Norwegian Production Licenses
Equinor (OB:EQNR) has just been awarded 35 new production licenses on the Norwegian continental shelf, spanning the North Sea, Norwegian Sea, and Barents Sea. This expands its future exploration and production pipeline.
See our latest analysis for Equinor.
The new Norwegian licenses come on top of a busy spell that includes nearly NOK 100b of maintenance contracts, ongoing share buybacks and recent headlines around the Empire Wind project. Equinor’s 1-month share price return of 5.89%...