Equinor

EQNR

Market cap $63.4B

Equinor is set to restart Empire Wind after a court injunction, as a judge warns that delays could cause irreversible damage to the offshore New York project.

Equinor ASA is rated Buy, given its strategic importance for Europe's oil and gas sector amid macro tensions and rising uncertainty. EQNR expects 2025 oil and gas production to grow 4%, with a robust capital distribution framework targeting ~$9 billion in payouts, for a 14.75% dividend and buyback yield. High CAPEX will persist as EQNR plans to drill 250 wells by 2035 to maintain production, supporting long-term stability but increasing investment risk.

A federal judge on Thursday cleared Norwegian offshore wind developer Equinor to resume work on its New York Empire Wind project, which President Donald Trump's administration halted along with four other projects last month.

A federal judge will rule on whether Norwegian offshore wind developer Equinor can resume work on its New York Empire Wind project at a hearing on Thursday, according to a court communication.

Equinor ASA wins 35 new production licenses across the NCS for acreage in North Sea, Norwegian Sea and Barents to expand oil & gas exploration and production.

Norway's Equinor aims to settle the technical plans this year for developing the Wisting undersea oil discovery in the Arctic after significantly reducing its costs, a senior company executive told Reuters on Tuesday.

Please see below information about transactions made under the fourth tranche of the 2025 share buy-back programme for Equinor ASA (OSE:EQNR, NYSE:EQNR, CEUX:EQNRO, TQEX:EQNRO).

EQNR gives a NOK 100B deal to 7 suppliers, backing upgrade of its onshore installations and offshore plants, and targets a daily output of 1.2M barrels by '35.

Equinor said on Thursday it had signed framework agreements worth 100 billion Norwegian crowns ($9.93 billion) with a group of suppliers for maintenance and modifications of its offshore and onshore installations.

EQNR has filed a lawsuit challenging the U.S. Interior Department's suspension order against the construction of its Empire Wind offshore wind project.