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Equinor sees rising supplier costs, CFO says
Abstract：OSLO (Reuters) – Equinor is coming under pressure from cost inflation, but is sticking to its capital spending guidance for now, the Norwegian energy company said on Wednesday.
div classBodysc17zpet90 cdBBJodivpOSLO Reuters – Equinor is coming under pressure from cost inflation, but is sticking to its capital spending guidance for now, the Norwegian energy company said on Wednesday.p
p“We do see cost inflation pressures and trying to mitigate them. As for now, we are sticking with our capex guidance,” Chief Financial Officer Ulrica Fearn told a call with analysts.pdivdivdiv classBodysc17zpet90 cdBBJodiv
pThe company plans to spend 10 billion this year on capital investments, and maintain the same level also in 2023.p
p
pp Reporting by Nerijus Adomaitis, editing by Terje Solsvikp
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