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Equinor's international problems exposed yet again

"We're not sufficiently robust within international oil and gas," Equinor's new CEO, Anders Opedal, acknowledges in the wake of the company's fourth quarter interim statement, which confirms his appraisal.

The Norwegian oil company's domestic business has long been more profitable that its international portfolio. That still applies, shows new financial report. | Photo: Ntb Scanpix/Reuters/Ritzau Scanpix

It would have been nice with more fields like Johan Sverdrup.

Equinor Chief Executive Anders Opedal made as much clear upon presenting the Norwegian oil company's latest fourth quarter report in an investor teleconference, which also marked the new CEO's first financial statement since taking over after predecessor Eldar Sætre in November last year.

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