Equinor ASA Share Buy-Back Program

Equinor ASA has announced a share buy-back program for 2025, with the first tranche commencing on February 6th and concluding by April 2nd. The program aims to repurchase the company’s own shares.

Program Details

• The share buy-back program was initiated to repurchase Equinor ASA’s shares.
• Further details are available in the stock market announcement from February 5th.

Global Oil Market Developments

The global oil market has seen significant developments in February, including:

• US crude exports to India reached a two-year high due to tighter US sanctions on Russian oil producers.
• This shift in global oil trade dynamics may have implications for Equinor’s operations.

Commercial Gas Discovery Offshore Norway

Equinor has made a commercial gas discovery offshore Norway, which is expected to yield significant recoverable oil equivalent. This discovery is a positive development for the company.