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How Energy Giants Performed in Q1 2025: A Breakdown of Equinor, BP, Hess, and NOG

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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 TWh , the same as Q1 2024. Empire Wind in the U.S.). billion Net Income: $2.63 shale basins.