Equinor's New Discoveries and Licence Wins Shape its Investment Narrative and Reinforce Resource Base

Equinor has reported new oil and gas discoveries near Heidrun and in Sissel prospect, secured 35 offshore licenses, and continued executing its share buy-back program. These developments reinforce Equinor's upstream resource base on the Norwegian Continental Shelf while actively managing its capital structure. The fresh exploration success shapes Equinor's investment narrative, tilting it toward the Norwegian Continental Shelf, supporting sentiment around resource longevity and infrastructure-led tiebacks. The shares have been on the rise but are still potentially undervalued.