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

Benzinga

2025/04/30

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.

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