Equinor expects long-term consequences from coronavirus

Coronavirus combined with the big slide in the oil price will hit the Norwegian oil major for a long time to come, says CEO Eldar Sætre.
Equinor expects to be hit by the consequences of the coronavirus and a large dive in the oil price "for a lang time," says CEO Eldar Sætre. | Photo: Ntb Scanpix/Reuters/Ritzau Scanpix
Equinor expects to be hit by the consequences of the coronavirus and a large dive in the oil price "for a lang time," says CEO Eldar Sætre. | Photo: Ntb Scanpix/Reuters/Ritzau Scanpix

Oil company Equinor is preparing to feel the consequences of the coronavirus and the oil drop for a long time to come, according to its annual report, published Friday.

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