Equinor ASA (EQNR) announced a delay in the start-up of its Johan Castberg oilfield in the Barents Sea, pushing the timeline to January or February 2025 due to adverse weather conditions. Originally scheduled to commence operations by the end of 2024, the project has faced setbacks despite nearing its completion phase.The Johan Castberg oilfield is one of Equinor’s most significant Arctic projects, with recoverable volumes estimated to be in the range of 450-650 million barrels of crude oil. Developed from ...

Equinor ASA (EQNR) , the Norwegian energy major, has initiated its first Hydrogen Open Season, inviting parties to express interest in purchasing low-carbon hydrogen from its upcoming H2M Eemshaven project in the Netherlands. This 1 GW project, developed in partnership with Linde, is aimed at producing low-carbon hydrogen by reforming natural gas with integrated carbon capture and storage.According to Equinor, the H2M Eemshaven facility will capture and permanently store over 95% of Norway's CO2 emissions o ...

Piggy bank with business stuff, business and finance concept, vintage color tone.GettyToday we’ll discuss a 5.4% dividend that actually annualizes to 7%. A 5.7% payer that really dishes 12.4%. And even a headline 15% yield that is understated because the company handed out 16.1% last year.Wait. What?These “typos” fool the mainstream financial websites. We are discussing special dividends today. Payouts that are awarded as a bonus to regular quarterly dividends.Only a select few firms dish specials. Sometime ...

Equinor ASA (EQNR) has awarded a long-term subsea inspection, maintenance and repair (IMR) contract to DeepOcean, a subsea services provider based in Norway, to support its operational activities in the Norwegian Continental Shelf and other parts of Europe. The contract spans eight years, commencing in 2027 and running through 2035.Details of the IMR ContractPer the terms of the contract, DeepOcean will deploy a team of subsea engineers to use their knowledge and expertise in subsea operations, alongside a ...

Equinor ASA (EQNR) , a Norwegian integrated energy firm, has a diversified portfolio of assets involving oil and gas, renewables and low-carbon energy solutions. The company is committed to meeting the increasing global demand for energy while working on its goal to become a net-zero energy firm by 2050. EQNR also invests heavily in renewables, showcasing its commitment to the global energy transition and a low-carbon future. However, crude price volatility and increasing capital expenditures add to the con ...

Analyst’s Disclosure: I/we have a beneficial long position in the shares of EQNR either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article. While this article may sound like financial advice, please observe that the author is not a CFA or in any way licensed to give financial advic ...

Equinor is on track to return a staggering $44.7 billion to shareholders in just three years.It's been a rough year for Norwegian energy giant Equinor (EQNR -4.47%), with the stock price falling 19.5% year to date. Equinor has been the worst-performing energy major in 2024, underperforming peers ExxonMobil, Chevron, TotalEnergies, Shell, BP, Eni, and the broader energy sector.Despite the poor performance of the stock price, Equinor continues to generate solid earnings and return a record amount of capital b ...

Equinor ASA (EQNR) , a Norwegian energy firm, has mentioned that it plans to cut back on its investments in renewable energy till 2030. The announcement followed shortly after EQNR acquired a 9.8% stake in Ørsted, a Danish wind energy group. In October, the company had announced its decision to acquire a stake in Ørsted for $2.5 billion. Equinor also noted that it plans to increase the acquired stake to 10%. The deal is contingent upon regulatory approval.Addition to EQNR’s Renewables PortfolioThe company s ...

Retirement is complicated and you only get once chance to do it right. Don't miss out because you didn't know what was out there. The Retirement Forum provides actionable ideals, a high-yield safe retirement portfolio, and macroeconomic outlooks, all to help you maximize your capital and your income. We search the entire market to help you maximize returns. Equinor ASA (NYSE: EQNR ) is a major oil company primarily owned by the Norwegian government. We recently discussed why we purchased another 1000 shares ...

Equinor ASA (NYSE:EQNR) Q3 2024 Earnings Conference Call October 24, 2024 3:00 AM ET Company Participants Torgrim Reitan - Executive Vice President, Chief Financial Officer Bard Glad Pedersen - Senior Vice President of Investor Relations Conference Call Participants Biraj Borkhataria - RBC Teodor Sveen Nilsen - SpareBank 1 Markets Martijn Rats - Morgan Stanley Henri Patricot - UBS Alastair Syme - Citi Alejandro Vigil - Santander Yoann Charenton - Bernstein Lydia Rainforth - Barclays Giacomo Romeo - Jefferi ...