Equinor Asa · OSL:EQNR
Equinor Asa — Investor Day (February 2019)
10 slides from Equinor Asa's investor day presentation, Feb 6, 2019
Slide 1: Capital markets update
e acy equinor Capital markets update February 06, 2019 London, United Kingdom
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"
Slide 3: Building a profitable core area in Brazil
Ne a & _ equinor Building a profitable core area in Brazil Margareth @vrum Executive Vice President, Development & Production Brazil
Slide 4: Strengthening the position in Brazil
Strengthening the position in Brazil Operational excellence World class recovery Leading project delivery Premium market access Digital leader Production in 2030 500-500 kboe per day Higher ambition for Roncador ~10 Percentage-point increase in recovery factor Field estimate of 10 bn boe in place. B
Slide 5: Brazil portfolio
Brazil portfolio Increased value & opportunity set * Peregrinoll on stream in 4Q 2020 * Competitive at all times Equity production kboe per day 250 200 150 100 50 2019 2021 2025 s under development, non-sanctioned projects Non-sanctioned volumes ~14 bn boe equinor * High value Net cash flow 2030 Pro
Slide 6: Roncador
Roncador Technology deployment and Petrobras partnership Recovery factor ~34% Medium term ambition Current expected ~40% Long term ambition 1. Expected ultimate recovery at year end 2018. + Safety is first priority + Leveraging NCS experience to create value in Brazil Reservoir Drilling Subsea Lifet
Slide 7: Carcara
Carcara Developing a world class asset + Value creation through early production and increased capacity + Phased development + Standard FPSO solution with enhanced technical specifications + Phase 1 gas re-injection to increase oil recovery + Appraisal phase 2 complete at end of 2019 Phase 1 First o
Slide 8: Leading exploration portfolio
Leading exploration portfolio + Well positioned in prolific basins + Access at scale Espirito Santo area * High impact prospects oc] Roncador Recoverable resources Peregrino a Pao de Acucar/ ~] a Gavea/Seat Naru bn boe Yba Risked resources , Equinor equity. current exploration portfolio Aurora Uirap
Slide 9: Investor Relations in Equinor
equinor ** Investor Relations in Equinor E-mail: irpost@equinor.com Investor Relations Europe Peter Hutton Senior Vice President phutt@equinor.com +44 7881 918792 Lars Valdresbraten IR Officer lava@equinor.com +47 40 281789 Erik Gonder IR Officer ergon@equinor.com +47 99 56 26 11 Ida Marie Fjellheim
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