Equinor Targets 27% International Production Growth by 2030

Equinor aims to increase its international oil and gas production by 27% by 2030, focusing on key markets like the U.S., Brazil, and Angola. The company plans to maintain and grow its presence in these regions through 2030, as executives revealed at the Offshore Northern Seas conference in Stavanger. International production currently stands at 750,000 barrels of oil equivalent per day and is expected to rise to 950,000 boepd by 2030.

This growth is driven by strengthened production in the U.S., Brazil, and Angola, and is part of a broader strategy to build a more competitive and resilient portfolio with higher margins and cash flow.