Equinor Extends Drilling Contracts Worth NOK 17 Billion

Norwegian energy firm Equinor extended drilling and well services contracts worth a combined NOK 17 billion ($1.8 billion) to maintain production levels on the Norwegian continental shelf. The move supports its goal of achieving around 1.2 million barrels of oil equivalent per day by 2035, while ensuring stable energy supply amid global market uncertainty.

By Jan-Thore Bergsagel May 4, 2026 3 min read · Yahoo Finance ·

Equinor Extends Drilling Contracts Worth NOK 17 Billion

Tickers: $EQNR $HAL $SLB

Topics: Drilling Contracts Energy Norway Oil and Gas Production

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