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Equinor ASA: Revision to Mariner reserves

Equinor ASA: Revision to Mariner reserves

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Equinor (OSE: EQNR, NYSE: EQNR) has revised its estimate of the total recoverable reserves in the Mariner field from an earlier assessment of approximately 275 mmbbl to about 180 mmbbl. The revision will result in an impairment in the region of USD 1.8 billion which will be reflected in IFRS net operating income for Equinor’s Exploration and Production International segment in Q4 2021 results, to be reported on 9 February 2022.

...read full article on GlobeNewsWire

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