---
title: "Weekly Recap: Ormen Lange output cut to ~60% and Equinor buyback tranche"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/296058633.md"
description: "Equinor faces extended output cuts at Ormen Lange, where Shell's compressor issues reduced production to ~60% since July 13, affecting Equinor's 25.3% stake. Simultaneously, Equinor completed a buyback tranche of 729,372 shares at an average price of NOK 376.1263, bringing its total holdings to 15,865,147 shares."
datetime: "2026-08-17T05:14:33.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/296058633.md)
  - [en](https://longbridge.com/en/news/296058633.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/296058633.md)
generator: "portal-rs"
---

# Weekly Recap: Ormen Lange output cut to ~60% and Equinor buyback tranche

Equinor ASA Sponsored ADR (OSL:EQNR) — which owns 25.3% of Ormen Lange — faces extended field output cuts after Shell’s compressor issues trimmed ~8.9M m3/day from July 13, while Equinor boosted its stake via a 729,372‑share buyback tranche, holding 15,865,147 shares post-deal.

**Previous Week Recap**

-   **Equinor ASA Sponsored ADR—Ormen Lange Stake, Output Cut**: Equinor (EQNR) holds 25.3% of Ormen Lange. Shell reports compressor issues cutting field output to ~60%, trimming ~8.9M m3/day from July 13. Curtailment extended to Feb 1, 2027. Reuters
-   **Equinor EQNR Buyback Tranche Three Stakes**: Equinor (EQNR) bought 729,372 shares in tranche three of its 2026 buyback (3–7 Aug) at NOK 376.1263 avg. Post-deal holdings: 15,865,147 shares (0.66%); excl. savings: 5,144,347 (0.22%). GlobeNewswire

**Disclaimer**

This is an AI-generated summary and may contain inaccuracies. Please verify any important information with the original sources.

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---
> **Disclaimer: This article is for reference only and does not constitute any investment advice.**