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(World Oil) – Africas national oil companies (NOC) are moving beyond operating as state-representatives by transforming themselves into competitive upstream players. mtpa Coral South FLNG project has been operating since 2022 while ExxonMobil plans to make FID on Rovuma LNG in 2026.
Strategic Production Outlook Equinor plans to: Drill ~250 explorationwells on the NCS by 2035 Continue expanding low-carbon solutions through CO storage projects like Northern Lights Phase 2, with injection capacity increasing from 1.5 Empire Wind in the U.S.). billion Net Income: $2.63 billion Adjusted Net Income: $1.79
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