On August 11, Equinor ASA rose 4.45% in regular trading, trading at $40.67/share, with turnover of $58.46 million. The move was driven by the company's recently signed multi-year advanced reservoir stimulation services agreement with SLB, compounded by a broader rally across the integrated oil and gas sector.

Under the agreement, SLB will provide advanced stimulation services across the Norwegian Continental Shelf, including a major upgrade of the MV Island Captain well stimulation vessel. The upgrade will convert the vessel into a fully proppant-capable platform with expanded storage, advanced handling and blending systems, increased pumping capacity, and an optimized deck layout. The vessel will be able to carry up to 2 million pounds of proppant for high-intensity offshore stimulation treatments, securing dedicated capacity to support development of tight offshore reservoirs and maximize recovery from future wells.

Within the Integrated Oil & Gas sector, the overall sector exhibited broad strength. Among individual stocks, Exxon Mobil up 3.41%, Chevron up 3.45%, Shell up 1.08%, BP up 2.46%, Occidental up 3.68%.

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