How Energy Giants Performed in Q1 2025: A Breakdown of Equinor, BP, Hess, and NOG
Rextag
MAY 8, 2025
Strategic Production Outlook Equinor plans to: Drill ~250 exploration wells 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 This represents a slight decline compared to 2,164 mboe/d in Q1 2024 a decrease of about 1.9%.
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