Equinor Announces Output Target of 2.3mboe/d by 2030 in New Growth Strategy
Norwegian energy company Equinor has outlined plans to increase its output to 2.3 million barrels of oil equivalent per day (mboe/d) by 2030, driven by investments on the Norwegian Continental Shelf and international projects. The strategy includes a $1 billion investment in 2027 and annual spending between $11–$13 billion from 2028 to 2030.
Tickers: $EQNR
Topics: capital allocation energy production oil & gas investment share buybacks