Equinor Targets 27% Growth in International Oil and Gas Production by 2030
Source Summary
Equinor aims to grow its international oil and gas production by 27% by 2030, focusing on key markets in the U.S., Brazil, and Angola. The company has streamlined its overseas portfolio by divesting assets in Azerbaijan and Nigeria while maintaining and expanding operations in its three priority regions.
Why it matters
Equinor's international expansion strategy demonstrates how a major oil and gas producer is repositioning its portfolio toward higher-return assets while reducing exposure to lower-performing markets.
