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Equinor ASA: Buy-back of shares to share programmes for employees
Newsfilter· 2024-02-07 07:56
Equinor ASA ((OSE: EQNR, NYSE:EQNR) has on 7 February 2024 engaged a third party to conduct repurchases of the company's shares to be used in the share-based incentive plans for employees and management for the period from 15 February 2024 until 15 January 2025. Acquisition of shares under the buy-back programme from 15 February 2024 to 15 May 2024 is based upon the authorization from the annual general meeting on 10 May 2023, registered in the Norwegian register for business enterprises. According to the a ...
Equinor to commence first tranche of the 2024 share buy-back programme
Newsfilter· 2024-02-07 05:47
Equinor ((OSE: EQNR, NYSE:EQNR) will on 8 February 2024 commence the first tranche of up to USD 1.2 billion of the share buy-back programme for 2024, as announced at the Capital Market Update 7 February 2024. In this first tranche of the share buy-back programme for 2024, shares for up to USD 396 million will be purchased in the market, implying a total first tranche of up to USD 1.2 billion including shares to be redeemed from the Norwegian State. The tranche will end no later than 5 April 2024. Equinor an ...
Equinor ASA: Key information relating to proposed cash dividend for fourth quarter 2023
Newsfilter· 2024-02-07 05:46
Key information relating to the proposed cash dividends to be paid by Equinor ((OSE: EQNR, NYSE:EQNR) for fourth quarter 2023. Ordinary cash dividend amount: 0.35 Extraordinary cash dividend amount: 0.35 Announced currency: USD Last day including rights: 14 May 2024 Ex-date: 15 May 2024 Record date: 16 May 2024 Payment date: 28 May 2024 Date of approval: the proposed cash dividends are subject to approval by the annual general meeting of Equinor ASA on 14 May 2024. Other information: The cash dividends per ...
Equinor fourth quarter and full year 2023 results
Newsfilter· 2024-02-07 05:45
Equinor ((OSE:EQNR, NYSE:EQNR) delivered adjusted earnings* of USD 8.68 billion and USD 1.88 billion after tax in the fourth quarter of 2023. Net operating income was USD 8.75 billion and net income was USD 2.61 billion. The fourth quarter and full year were characterised by: Strong financial performance2.1% production growth in 2023Continued optimising of oil and gas portfolio, sanctioning projects for future growthGrowth in onshore renewables power production and portfolioCost focus and capital discipline ...
Equinor (EQNR), SLB Reach Milestone in Autonomous Drilling
Zacks Investment Research· 2024-02-01 18:51
Equinor ASA (EQNR) and SLB (SLB) have achieved a milestone in autonomous drilling operations during a well section drilling offshore Brazil.The achievement is considered the most autonomous drilling operation to date, showcasing the successful integration of digital technologies.SLB’s digital technologies were used for surface automation and autonomous drilling, allowing 99% of a 2.6-kilometer section to be drilled in autonomous control. This led to a 60% increase in drilling speed over five wells, making w ...
Equinor (EQNR) Takes 100% Ownership in Empire Wind Swap With BP
Zacks Investment Research· 2024-01-30 13:51
Equinor ASA, (EQNR) the Norwegian state-owned energy giant, announced a swap transaction with BP plc (BP) , leading to Equinor's full ownership of the Empire Wind lease and projects in the United States.Per the terms of the agreement, Equinor will gain 100% ownership of Empire Offshore Wind Holdings LLC and BP's 50% share of the South Brooklyn Marine Terminal lease. In return, BP will take over Beacon Wind Holdings LLC and become the operator of the Beacon Wind projects. The transaction is designed to be ca ...
Equinor (EQNR) Taps Kongsberg for NOK 25M Simulator Project
Zacks Investment Research· 2024-01-29 14:31
Equinor ASA, (EQNR) the Norwegian state-owned energy giant, awarded a two-year life cycle simulator project to Kongsberg Digital, a fellow Norwegian digital solutions provider, for a gas field located in the North Sea off the coast of Norway. The aim is to boost operational efficiency, enhance training programs and ensure the simulator-based engineering achieves the highest level of fidelity.The agreement with Equinor, valued at over NOK 25 million (almost $2.4 million), involves the reconstruction of the S ...
Equinor(EQNR) - 2023 Q3 - Earnings Call Transcript
2023-10-27 13:23
Equinor ASA (NYSE:EQNR) Q3 2023 Earnings Call Transcript October 27, 2023 5:30 AM ET Company Participants Torgrim Reitan - Executive Vice President and Chief Financial Officer Biraj Borkhataria - RBC Capital Markets Oswald Clint - Sanford C. Bernstein Alastair Syme - Citigroup Inc. Kim Fustier - HSBC Anders Rosenlund - SEB Henry Tarr - Berenberg Paul Redman - BNP Paribas Thank you for standing by and welcome to the Equinor Q3 2023 Analyst Call. All lines have been placed on mute to prevent any background no ...
Equinor(EQNR) - 2023 Q2 - Earnings Call Transcript
2023-07-26 13:53
Bay du Nord, yes, actually another very nice and good project, greenfield outside Newfoundland, where sort of we have decided that we won't do that now. We'll give it three more years to develop. And this comes from the way of thinking that we say we'll rather postpone investments to make them better than pushing them forward as soon as we can. So this is value over volume. So this is the similar way of thinking as we have done with Wisting last year on the Barents Sea and what we did with Johan Castberg an ...
Equinor(EQNR) - 2023 Q2 - Earnings Call Presentation
2023-07-26 09:53
- Strong liquids production 75 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 1984 1011 973 1994 902 1092 E&P Norway strong production from Johan Sverdrup I 26 July 2023 6| 2Q 2023 results Although we believe that the expectations reflected in the forward-looking statements are reasonable, we cannot assure you thatour future results, level of activity, performance or achievements will meet these expectations. Moreover, neither we nor any other person assumes responsibility for the acc ...