Norway's energy firm Equinor has decided to end its offshore wind business activities in Japan and close its Tokyo office by the end of 2026, the company said on its website.
Norway's biggest oil company Equinor and its partners have dropped plans to electrify the Wisting oilfield from shore due to high costs and technical complexity, it said on Thursday.
EQNR approves a $410M Troll field subsea project targeting 11 bcm of added gas output, with start-up planned for 2028.
EQNR outlines a 2030 strategy targeting higher production, rising cash flows and enhanced shareholder returns through disciplined investments and buybacks.
Equinor and its partners will invest just over 4 billion Norwegian crowns ($410 million) in a new subsea development that will increase gas production from Norway's Troll field in the North Sea, the company said on Friday.
Equinor ASA (EQNR) Analyst/Investor Day Transcript
EQNR advances Johan Sverdrup Phase 4 after appraisal drilling confirmed additional resources, extending growth potential at Norway's largest oil field.
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Norway's Equinor said on Tuesday it has signed a five-year gas supply agreement with Dutch energy firm Eneco , for deliveries to its Germany subsidiary.
Equinor remains my top oil megacap pick, delivering strong 1Q 2026 results with $9.8B adjusted operating income and 9% O&G production growth. EQNR's disciplined capital allocation supports a >4% dividend yield and $1.5B annual buybacks, driving over 5% total shareholder returns even after share price appreciation. Production exceeded 2.3M barrels/day, buoyed by new NCS output and US records, while renewable generation—bolstered by a strategic Ørsted stake—continues to ramp.