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Equinor continues to trim foreign portfolio

The Norwegian oil company moves to leave additional countries in a round of tidying up meant to clear the path for a new international portfolio.

Photo: Nerijus Adomaitis/Reuters/Ritzau Scanpix

Looking back a bit, perhaps it's not so strange to see Equinor withdrawing from a growing number of countries. Equinor's international business has not been sufficiently profitable, says Chief Executive Anders Opedal.

The company has previously announced its exit from further countries, and at its recent capital markets day, more nations were added to that list.

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