Equinor Asa · OSL:EQNR

Equinor Asa — Capital markets update 2019

10 slides from Equinor Asa's conference presentation, Feb 6, 2019

  1. Slide 1: Capital markets update

    e acy equinor Capital markets update February 06, 2019 London, United Kingdom

  2. Slide 2: Forward-looking statement

    Forward-looking statement This presentation contains certain forwarctlooking statements that involve risks and uncertainties. In some cases, we use words such as “ambition’. ‘continue’, ‘could’, ‘estimate’, ‘expect’ "believe", focus’, "ikely’, ‘may’, ‘outlook’, ‘plan’, ‘strategy’. “will. "guidance"

  3. Slide 3: Valuable growth on the NCS

    Valuable growth on the NCS Arne Sigve Nylund Executive Vice President, Development & Production Norway

  4. Slide 4: Valuable growth

    Valuable growth Realising sustainable improvements Operational excellence World class recovery Leading project delivery Premium market access Digital leader ‘Arne Sigve Nylund Johan Sverdrup coming on stream in 2019 including pro) Unit production cost ~S USD per boe 2018 actual Net cash flow ~15 bn

  5. Slide 5: Wisting

    Wisting High quality non-sanctioned portfoliot Snehvit Future Phases Break-even Number of major projects ~50 5 Projects over 250 million boe USD per bbl 100% basis. Volume weighted, Volume bn boe : : Krafla/Askja/Frigg Resources Equinor equity. 1_Non-sanctioned upstream projects with defined busines

  6. Slide 6: Continuously adding value through increased recovery and exploration

    Continuously adding value through increased recovery and exploration Recovery factors ) Ambitions will add y ) {OIL 5 J reserves of Expected! | 60% ambition? ~ 5 bn boe Additional reserve potential Equinor equity, oil and gas, operated fields. / 85% ambition? Expected? 1. Expected ultimate recovery

  7. Slide 7: Low carbon emissions add value

    Low carbon emissions add value Operating cost reductions ~l bn NOK 2018 compared to 2008 level 100% bosis. Equinor-operated upstream fields In operations Continuous focus on efficiency * Troll A Power from shore * More than 300 energy efficiency projects implemented Sanctioned Strengthen competitive

  8. Slide 8: Digital transformation - changing the way we work

    equinor ** Digital transformation - changing the way we work Reduction in facility Automated Value creation from capex for Krafla Drilling Control digitalisation Percent Rigs bn USD Based on Unmanned Production Platform - Implementation planned during 2019. 3% increase in production 2020 to 2025, Eq

  9. Slide 9: Investor Relations in Equinor

    equinor ** Investor Relations in Equinor E-mail: [email protected] Investor Relations Europe Peter Hutton Senior Vice President [email protected] +44 7881 918792 Lars Valdresbraten IR Officer [email protected] +47 40 281789 Erik Gonder IR Officer [email protected] +47 99 56 26 11 Ida Marie Fjellheim

  10. Slide 10: Capital markets update

    equinor Capital markets update February 06, 2019 © Equinor ASA This presentation, incading the contents and crrangement ofthe contents of each ncvual page or the colecton ofthe pages is ned by Equnor. Copyright to oll material ncucng, but nt iit to, writen material photographs drawings. mages, table

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