OB:EQNROil and Gas
Is Equinor’s Subsea Contract Extension and ESG Probe Altering The Investment Case For Equinor (OB:EQNR)?
Subsea 7 recently announced that Equinor extended its frame agreement for the Seven Viking vessel to provide subsea inspection, maintenance and repair services across the Norwegian Continental Shelf through 2027, while Equinor Refining Norway rejected a penalty notice from Norway’s Økokrim over alleged historical environmental breaches at its Mongstad refinery.
This combination of long-term operational investment offshore and a high-profile legal challenge on environmental compliance could...