Equinor admits major US failure: "This is tough reading"
![Muchshould have een done differently, Equinor CEO Eldar Sætre (left) concedes following a new report on the oil company's US onshore fossil fuel venture. Photo shows Sætre alongside Andres Opedal, who is set to take over as group CEO from next month. | Photo: Gwladys Fouche/Reuters/Ritzau Scanpix](https://photos.watchmedier.dk/watchmedier/resize:fill:3840:0:0/plain/https://photos.watchmedier.dk/Images/article12476251.ece/ALTERNATES/schema-16_9/20200810-124633-6-1920x1079we.jpg)
An eager attempt at securing growth ended up impairing both value and control, not least considering that business oversight and expertise were sorely lacking for the administration of onshore oil extraction.
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