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Equinor Estimates $13B Capital Expenditure For 2025, Forecasts 4% Oil & Gas Production Growth And Sees Maintenance Curbing Output By ~30 mboe/d

Benzinga·04/30/2025 05:17:53
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Outlook 

  • Organic capital expenditures* are estimated at USD 13 billion for 2025 1. 
  • Oil & gas production for 2025 is estimated to grow 4% compared to 2024 level [6].
  • Equinor's ambition is to keep the unit of production cost in the top quartile of its peer group. 
  • Scheduled maintenance activity is estimated to reduce equity production by around 30 mboe per day for the full year of 2025.