Equinor Begins Drilling at Brazil's Massive Raia Gas Project [Yahoo! Finance]
Equinor ASA (EQNR)
Last equinor asa earnings: 2/6 12:43 am
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Source: Yahoo! Finance
offshore Brazil, as the Norwegian energy major pushes deeper into the country's pre-salt basin and broader gas market. The campaign began on March 24 with the Valaris DS-17 drillship and will cover six wells in the Raia area, roughly 200 kilometers offshore in the Campos Basin at water depths of about 2,900 meters. The start of drilling marks a major execution milestone for a project Equinor has described as its largest currently under development. Raia is operated by Equinor, which holds 35%, alongside Repsol Sinopec Brasil with 35% and Petrobras with 30%. The partners are targeting first production in 2028. The scale of the project is substantial. Raia holds more than 1 billion barrels of oil equivalent in recoverable gas and condensate reserves. Once online, it is expected to export as much as 16 million cubic meters of natural gas per day, a volume that could account for about 15% of Brazilian gas demand by 2028. That would make it a strategically important supply source for
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News
- Equinor ASA (EQNR) was upgraded by Zacks Research from "hold" to "strong-buy".MarketBeat
- Equinor's Raia Gas Bet Reshapes Brazil And Long Term Investor Story [Yahoo! Finance]Yahoo! Finance
- Equinor Starts Drilling for $9B Gas Development offshore Brazil [Yahoo! Finance]Yahoo! Finance
- Equinor ASA (EQNR) was upgraded by Morgan Stanley from "underweight" to "equal weight". They now have a $40.40 price target on the stock.MarketBeat
- Equinor's Brazilian Wind Deal And What It Means For Future Cash Flows [Yahoo! Finance]Yahoo! Finance
EQNR
Earnings
- 2/4/26 - Beat
EQNR
Sec Filings
- 3/27/26 - Form 6-K
- 3/24/26 - Form 6-K
- 3/19/26 - Form SD
- EQNR's page on the SEC website