Equinor plans to drill 250 oil and gas wells in Norway by 2035

Equinor has announced plans to drill 250 oil and gas exploration wells in Norwegian waters over the next decade as part of its strategy to maintain the same production levels in 2035 as those seen in 2020. The move aligns with expectations of continued global demand for fossil fuels, said Equinor CEO Anders Opedal, according to Reuters. Speaking at an energy conference, Opedal said the company intends to allocate approximately Nkr60bn ($5.86bn) each year over the ten-year period to support output from No ...