Equinor ASA (EQNR) , the Norwegian state-owned energy giant, entered into a value-neutral asset swap agreement with Petoro, aiming to harmonize their equity interests in the Haltenbanken area on the Norwegian Continental Shelf (NCS). Details of the Swap As part of this agreement, Equinor will increase its ownership in the Heidrun field and the Noatun discovery while decreasing its stakes in the Tyrihans field, the Johan Castberg field, and the Carmen and Beta discoveries. Currently, Equinor holds a 13% equi ...

Extraordinary cash dividend amount: 0.35 Announced currency: USD The shares in Equinor ASA ((OSE: EQNR, NYSE:EQNR) will as from today be traded exclusive the fourth quarter 2023 cash dividend as detailed below. Ex. date: 15 May 2024 Ordinary cash dividend amount: 0.35 This information is published in accordance with the requirements of the Continuing Obligations and is subject to the disclosure requirements pursuant to Section 5-12 of the Norwegian Securities Trading Act ...

On 14 May 2024, the annual general meeting in Equinor ASA ((OSE: EQNR, NYSE:EQNR) approved the annual report and accounts for Equinor ASA and the Equinor group for 2023, as proposed by the board of directors. Further, the annual general meeting approved an ordinary dividend of US dollar (USD) 0.35 per share and an extraordinary dividend of USD 0.35 to be distributed for the fourth quarter of 2023. The fourth quarter 2023 dividend accrues to the shareholders as registered in Equinor's shareholder register wi ...

MF3d Standard Lithium Ltd. (NYSE:SLI) announced some rather large news recently. In this article, we are going to explore the partnership with Equinor (EQNR) and what it means for SLI from a big picture viewpoint. Note: If you want a detailed explanation of the Standard Lithium projects, please read our coverage from last month. That explains in great detail all project costs and should be considered "required reading" for those not familiar with Standard Lithium. Acceleration of The Lanxess Project In ...

Equinor ASA (EQNR) has announced a major investment in lithium, the critical mineral powering the electric vehicle (“EV”) revolution. The company has acquired a 45% share in two lithium project companies based in Southwest Arkansas and East Texas, previously managed by Standard Lithium Ltd.Per the deal, Equinor will pay Standard Lithium $30 million to cover past expenses related to the projects proportional to the acquired interest. Moreover, Equinor has committed to carrying $33 million in capital expendit ...

VANCOUVER, British Columbia, May 08, 2024 (GLOBE NEWSWIRE) -- Standard Lithium Ltd. ("Standard Lithium" or the "Company") (TSXV:SLI) (NYSE:SLI) (FRA:S5L), a leading near-commercial lithium development company, today announced the closing of a landmark strategic partnership (the "Transaction") with Equinor ASA (NYSE:EQNR), a multinational energy company and recognized leader in renewables and low-carbon solutions, to accelerate the development of Standard Lithium's large-scale, sustainable lithium projects i ...

Equinor ASA (EQNR) , the Norwegian state-owned energy giant, has announced a strategic collaboration with SLB (SLB) and the Subsea Integration Alliance, including OneSubsea and Subsea7 (SUBCY) , to advance exploratory efforts in Norway's Wisting field and Canada's Bay du Nord field.The agreement, which was signed in Stavanger, Norway, marks a significant step forward in the development of these offshore projects. It lays the groundwork for early information exchange, technological innovation and collaborati ...

Equinor ASA (EQNR) reported first-quarter 2024 adjusted earnings per share of 96 cents, which beat the Zacks Consensus Estimate of 78 cents. However, the bottom line declined from the year-ago quarter’s figure of $1.13.Total quarterly revenues declined to $25,135 million from $29,224 million in the prior-year quarter. However, the top line beat the Zacks Consensus Estimate of $25,030 million.Better-than-expected quarterly results can be attributed to increased production across major segments. This was part ...

Good morning, Torgrim and Bard. Thanks for taking my questions. Two questions from me. I just want to follow up on [indiscernible]. I understand that this is a complicated competent field and complicated operations we currently are carrying out. But I just wonder for 2025. And we know that the field is coming off plateau. What should we model in terms of spare production next year? Will it be 5%, 10% or 15% below the Q1 2024 production, any like kind of thoughts or guesses around that would be useful? Yeah, ...

Open Torgrim Reitan Chief financial officer Highlights 0.96 USD − Solid financial results and cashflow − MMP delivering above guided range − Power-from-shore to the Sleipner and Gudrun fields on NCS − Empire Wind 1 awarded new offtake agreement − Ordinary cash dividend of USD 0.35 per share and extraordinary dividend of USD 0.35 per share. Second tranche of the share buy back of up to USD 1.6 billion 7.5 BN USD 2.7 BN USD 5.8 BN USD Adjusted earnings per share Open 25 April 2024 Serious Incident Frequency ( ...