OB:EQNROil and Gas
Equinor’s New North Sea Finds Support Hub Model And Growth Story
Equinor reports two new commercial hydrocarbon discoveries in the Norwegian North Sea.
The finds include oil near the Troll area and gas and condensate in the Sleipner area.
Both discoveries are close to existing infrastructure on the Norwegian continental shelf.
For investors tracking Equinor (OB:EQNR), these discoveries add fresh context to a share price of NOK321.8 and a strong multi year run, with the stock up 34.0% over the past year and 175.8% over five years. The stock has also moved...