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Equinor Eyes US Shale Gas Expansion
24 Mar
Summary
- Equinor is actively seeking to grow its US shale gas operations.
- The company's primary focus for expansion is the Marcellus region.
- This move aligns with a broader restructuring of Equinor's global assets.
Equinor ASA is signaling a significant expansion of its shale gas operations within the United States. Philippe Mathieu, the company's Vice President for International Exploration and Production, revealed on Monday that the energy giant is actively exploring opportunities to grow its US footprint.
The primary geographical focus for this potential expansion is the Marcellus shale region. Mathieu stated that any acquisition or development would need to enhance the longevity and foundational strength of Equinor's existing portfolio.
This strategic push into US shale gas is occurring amidst a broader reassessment and reshuffling of Equinor's global assets. The company is looking to optimize its international upstream activities and portfolio.
