Equinor ASA: Equinor first quarter 2021 results
Equinor (OSE: EQNR, NYSE: EQNR) reports adjusted earnings of USD 5.47 billion and USD 2.66 billion after tax in the first quarter of 2021. IFRS net operating income was USD 5.22 billion and the IFRS net income was USD 1.85 billion.
The first quarter of 2021 was characterised by:
Strong results due to price recovery, sustained cost improvements and strict capital discipline.
Very strong cash flow and a 7.1 percentage points reduction of adjusted net debt ratio to 24.6%.
Solid operational performance and high production efficiency. Some impact from Covid-19 and restrictions on projects in execution.
Significant gain of USD 1.38 billion from farm downs in offshore wind assets.
There s a warm welcome at Calne Bowls Club this Saturday - the owls are taking abreak from duty, as they usually guard re-seeded section of the green during the closed season Calne Bowls Club has been granted a licence to sell alcohol to members and guests after matches. The licence will allow the club to sell alcohol to be drunk on-site between 12pm and 10pm during the week, and 10am to 10pm on weekends. A representation raised concerns over the “prevention of public nuisance”. They said that a second drinking establishment in the area – Calne Recreational Club already has a club licence – would cause significant noise disturbance for nearby residents.
Calne Bowls Club granted a licence to sell alcohol thisiswiltshire.co.uk - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thisiswiltshire.co.uk Daily Mail and Mail on Sunday newspapers.