Equinor slashes investment, spending in $3 bln coronavirus package
- Country:
- Norway
Norwegian oil firm Equinor will cut investments, exploration drilling and operating costs as part of a $3 billion plan to help the company weather the coronavirus crisis, it said on Wednesday.
The measures come in addition to the suspension earlier this week of the company's $5 billion four-year share buyback programme, it added.
(This story has not been edited by Devdiscourse staff and is auto-generated from a syndicated feed.)
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- Norwegian
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