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Stock impact report

Equinor Secures 35 New Licenses to Boost Norwegian Shelf Exploration [Yahoo! Finance]

Equinor ASA (EQNR) 
Last equinor asa earnings: 2/6 12:43 am Check Earnings Report
Company Research Source: Yahoo! Finance
The licenses span the North Sea, Norwegian Sea, and Barents Sea, with Equinor named operator on 17 of them. The new acreage strengthens Equinor's exploration pipeline at a time when Norway's offshore sector is under pressure to offset natural production decline while maintaining stable energy supplies to Europe. Twenty-one of the licenses are located in the mature North Sea, ten in the Norwegian Sea, and four in the Barents Sea, reflecting a balance between near-field exploration and frontier opportunities. Equinor said the awards support its ambition to sustain a high level of drilling activity, with plans to drill between 20 and 30 exploration wells annually. Roughly 80% of that activity will be focused near existing infrastructure, enabling faster and lower-cost tie-backs, while the remaining 20% will target less-explored areas and new geological concepts. The APA system has long been a cornerstone of Norway's petroleum policy, encouraging incremental exploration around estab Show less Read more
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