Record Safety Performance
Equinor achieved its best safety results ever with a serious incident frequency reduced to 0.3, a 73% reduction since 2011.
Strong Financial Performance
Equinor reported a 21% return on capital employed for the year and generated $18 billion in cash flow from operations after tax, surpassing initial guidance.
Increased Production Outlook
Oil and gas production is expected to grow by more than 10% from 2024 to 2027, with a target of 2.2 million barrels per day by 2030, up from 2 million in the previous outlook.
Competitive Capital Distribution
For 2025, Equinor is planning a total capital distribution of $9 billion, including a $0.02 increase in quarterly cash dividend and $5 billion for share buybacks.