Equinor ASA ADR (EQNR)

Nov 11, 2026

Kongsberg Maritime has secured a contract to support front-end engineering and design (FEED) activities for the safety and automation systems on Equinor’s planned Wisting FPSO in the Barents Sea. This agreement could lead to a broader technology and cybersecurity scope if the project receives final sanction, offering Kongsberg Maritime long-term involvement across the FPSO's approximately 30-year operating life. The contract underscores the increasing importance of automation, digital infrastructure, and cybersecurity in modern FPSO developments.

Nov 6, 2026

Morgan Stanley has downgraded Equinor ASA (NYSE:EQNR) from "equal weight" to "underweight" following the company's recent quarterly earnings that missed analyst estimates. Equinor reported an EPS of $1.20 against an expected $1.38 and revenue of $32.96 billion compared to an anticipated $33.30 billion. Despite the downgrade, the consensus analyst rating remains "Hold" with a price target of $43.47.

Nov 6, 2026

Equinor is preparing to repair its Visund gas and oil platform in the North Sea, which has been offline since a fire in an electrical system earlier this week. Production is currently scheduled to restart on November 16, though this date is subject to change. The platform, which primarily produces gas, can deliver 13.2 million cubic metres of natural gas per day, accounting for about 3.7% of Norway's export capacity.

Nov 3, 2026

Equinor ASA has significantly increased its estimated recoverable gas volumes at the Afrodite discovery in the Norwegian North Sea, potentially doubling previous estimates to between 77 and 180 MMBoe. This discovery, which is considered commercially viable, strengthens Equinor's resource potential and supports its strategy of sustaining production and bolstering energy supplies to Europe. Despite challenges with the reservoir's low permeability, Equinor is evaluating a subsea development connected to existing infrastructure and has raised its full-year 2026 production growth guidance to 4%.