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Segments (Tables) | 6 Months Ended
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Jun. 30, 2021
Segments [abstract] |
Operating segments data [text block] |
Second quarter 2021 | E&P Norway | E&P International | E&P USA | MMP | REN | Other | Eliminations | Total
(in USD million)
Revenues third party, other revenue and other income | 42 | 287 | 101 | 16,892 | 7 | 117 | 0 | 17,446
Revenues inter-segment | 6,167 | 1,170 | 867 | 82 | 0 | 1 | (8,287) | 0
Net income/(loss) from equity accounted investments | 0 | 19 | 0 | 7 | (6) | (4) | 0 | 16
Total revenues and other income | 6,210 | 1,475 | 968 | 16,981 | 2 | 114 | (8,287) | 17,462
Purchases [net of inventory variation] | 0 | 14 | (0) | (15,448) | 0 | (0) | 8,035 | (7,399)
Operating, selling, general and administrative expenses | (828) | (439) | (287) | (1,097) | (32) | 57 | 298 | (2,329)
Depreciation, amortisation and net impairment losses | (908) | (228) | (438) | (284) | (1) | (252) | 0 | (2,111)
Exploration expenses | (55) | (231) | (39) | 0 | 0 | 0 | 0 | (326)
Total operating expenses | (1,792) | (884) | (764) | (16,829) | (33) | (195) | 8,333 | (12,164)
Net operating income/(loss) | 4,418 | 591 | 204 | 152 | (31) | (82) | 46 | 5,298
Additions to PP&E, intangibles and equity accounted investments | 1,368 | 429 | 180 | 59 | 156 | 52 | 0 | 2,243
First quarter 2021 | E&P Norway | E&P International | E&P USA | MMP | REN | Other | Eliminations | Total
(in USD million)
Revenues third party, other revenue and other income | 28 | 221 | 121 | 15,697 | 1,382 | 111 | 0 | 17,559
Revenues inter-segment | 5,755 | 805 | 872 | 84 | 0 | 1 | (7,517) | 0
Net income/(loss) from equity accounted investments | 0 | 23 | 0 | 8 | (1) | 0 | 0 | 30
Total revenues and other income | 5,783 | 1,049 | 993 | 15,789 | 1,381 | 111 | (7,517) | 17,589
Purchases [net of inventory variation] | 0 | (29) | (0) | (14,176) | 0 | (0) | 7,040 | (7,166)
Operating, selling, general and administrative expenses | (794) | (252) | (335) | (1,069) | (40) | 54 | 277 | (2,160)
Depreciation, amortisation and net impairment losses | (1,570) | (400) | (436) | (152) | (0) | (240) | 0 | (2,797)
Exploration expenses | (70) | (107) | (70) | 0 | 0 | 0 | 0 | (247)
Total operating expenses | (2,433) | (788) | (841) | (15,397) | (40) | (187) | 7,317 | (12,369)
Net operating income/(loss) | 3,350 | 261 | 152 | 392 | 1,341 | (76) | (200) | 5,220
Additions to PP&E, intangibles and equity accounted investments | 1,308 | 396 | 157 | 38 | 128 | (13) | (0) | 2,014
Second quarter 2020 | E&P Norway | E&P International | E&P USA | MMP | REN1) | Other1) | Eliminations | Total
(in USD million)
Revenues third party, other revenue and other income | 10 | 52 | 67 | 7,392 | (0) | 50 | 0 | 7,570
Revenues inter-segment | 1,649 | 515 | 408 | 88 | 0 | 1 | (2,661) | 0
Net income/(loss) from equity accounted investments | 0 | (11) | 0 | 7 | 38 | 0 | 0 | 33
Total revenues and other income | 1,659 | 555 | 475 | 7,486 | 38 | 50 | (2,661) | 7,603
Purchases [net of inventory variation] | 0 | (26) | 0 | (5,127) | 0 | (0) | 2,403 | (2,750)
Operating, selling, general and administrative expenses | (706) | (281) | (293) | (1,423) | (38) | 163 | 166 | (2,411)
Depreciation, amortisation and net impairment losses | (992) | (509) | (475) | (326) | (0) | (220) | 0 | (2,522)
Exploration expenses | (65) | (288) | (40) | 0 | 0 | 0 | 0 | (393)
Total operating expenses | (1,762) | (1,103) | (808) | (6,877) | (38) | (56) | 2,569 | (8,075)
Net operating income/(loss) | (104) | (548) | (332) | 610 | (0) | (6) | (92) | (472)
Additions to PP&E, intangibles and equity accounted investments | 1,118 | 484 | 268 | 51 | 4 | 382 | (0) | 2,307
1) Reclassified |  |  |  |  |  |  |  |
First half 2021 | E&P Norway | E&P International | E&P USA | MMP | REN | Other | Eliminations | Total
(in USD million)
Revenues third party, other revenue and other income | 70 | 508 | 222 | 32,589 | 1,389 | 227 | 0 | 35,005
Revenues inter-segment | 11,923 | 1,975 | 1,739 | 166 | 0 | 2 | (15,804) | 0
Net income/(loss) from equity accounted investments | 0 | 42 | 0 | 15 | (6) | (4) | 0 | 47
Total revenues and other income | 11,992 | 2,525 | 1,961 | 32,770 | 1,383 | 225 | (15,804) | 35,052
Purchases [net of inventory variation] | 0 | (15) | (0) | (29,625) | 0 | (1) | 15,076 | (14,565)
Operating, selling, general and administrative expenses | (1,622) | (691) | (622) | (2,166) | (72) | 110 | 574 | (4,489)
Depreciation, amortisation and net impairment losses | (2,478) | (627) | (873) | (436) | (1) | (492) | 0 | (4,908)
Exploration expenses | (125) | (338) | (109) | 0 | 0 | 0 | 0 | (572)
Total operating expenses | (4,225) | (1,672) | (1,605) | (32,226) | (73) | (383) | 15,650 | (24,534)
Net operating income/(loss) | 7,767 | 853 | 356 | 544 | 1,310 | (157) | (154) | 10,518
Additions to PP&E, intangibles and equity accounted investments | 2,676 | 825 | 337 | 97 | 284 | 38 | 0 | 4,257
Balance sheet information |  |  |  |  |  |  |  |
Equity accounted investments | 3 | 1,181 | 0 | 96 | 1,067 | 32 | (0) | 2,377
Non-current segment assets | 35,530 | 17,481 | 11,811 | 3,572 | 141 | 3,668 | 0 | 72,202
Non-current assets not allocated to segments |  |  |  |  |  |  |  | 13,303
Total non-current assets |  |  |  |  |  |  |  | 87,882
First half 2020 | E&P Norway | E&P International | E&P USA | MMP | REN1) | Other1) | Eliminations | Total
(in USD million)
Revenues third party, other revenue and other income | 17 | 218 | 208 | 22,087 | 0 | 99 | 0 | 22,629
Revenues inter-segment | 5,179 | 1,680 | 1,152 | 184 | 0 | 1 | (8,197) | 0
Net income/(loss) from equity accounted investments | 0 | 5 | 0 | 18 | 82 | 0 | 0 | 104
Total revenues and other income | 5,196 | 1,903 | 1,360 | 22,289 | 82 | 100 | (8,197) | 22,733
Purchases [net of inventory variation] | 0 | (68) | 0 | (18,627) | 0 | (0) | 8,549 | (10,146)
Operating, selling, general and administrative expenses | (1,341) | (779) | (664) | (2,767) | (71) | 255 | 353 | (5,014)
Depreciation, amortisation and net impairment losses | (2,833) | (1,380) | (1,711) | (607) | (0) | (429) | 0 | (6,959)
Exploration expenses | (160) | (536) | (332) | 0 | 0 | 0 | 0 | (1,028)
Total operating expenses | (4,333) | (2,763) | (2,707) | (22,001) | (72) | (174) | 8,902 | (23,147)
Net operating income/(loss) | 863 | (860) | (1,347) | 288 | 11 | (74) | 705 | (414)
Additions to PP&E, intangibles and equity accounted investments | 2,407 | 1,225 | 694 | 107 | 5 | 484 | (0) | 4,922
Balance sheet information |  |  |  |  |  |  |  |
Equity accounted investments | 2 | 563 | 0 | 87 | 925 | 20 | 0 | 1,599
Non-current segment assets | 30,547 | 19,715 | 15,557 | 4,350 | 189 | 3,901 | 0 | 74,259
Non-current assets not allocated to segments |  |  |  |  |  |  |  | 10,853
Total non-current assets |  |  |  |  |  |  |  | 86,711
1) Reclassified |  |  |  |  |  |  |  |
Non-current assets by country [text block] |
Non-current assets by country |  |  |  |
| At 30 June | At 31 March | At 31 December | At 30 June
(in USD million) | 2021 | 2021 | 2020 | 2020
Norway | 41,342 | 40,261 | 42,192 | 36,383
USA | 12,667 | 12,867 | 13,172 | 16,524
Brazil | 8,339 | 8,226 | 8,203 | 8,796
UK | 4,222 | 4,256 | 4,398 | 4,913
Azerbaijan | 1,674 | 1,670 | 1,683 | 1,696
Canada | 1,478 | 1,445 | 1,527 | 1,435
Russia | 1,012 | 974 | 973 | 427
Angola | 914 | 897 | 725 | 1,331
Algeria | 772 | 794 | 808 | 866
Denmark | 568 | 918 | 953 | 887
Other countries | 1,592 | 1,378 | 1,447 | 2,601
Total non-current assets1) | 74,579 | 73,686 | 76,082 | 75,858
1) Excluding deferred tax assets, pension assets and non-current financial assets.
Revenues from contracts with customers [text block] |
Revenues from contracts with customers and other revenues |  |  |
Quarters |  |  | First half | Full year
Q2 2021 | Q1 2021 | Q2 2020 |  | (in USD million) | 2021 | 2020 | 2020
9,060 | 8,714 | 4,018 |  | Crude oil | 17,774 | 11,858 | 24,509
3,443 | 3,298 | 1,188 |  | Natural gas | 6,741 | 3,358 | 7,213
2,908 | 2,661 | 923 |  | - European gas | 5,569 | 2,691 | 5,839
319 | 422 | 196 |  | - North American gas | 741 | 486 | 1,010
215 | 216 | 68 |  | - Other incl. Liquefied natural gas | 431 | 181 | 363
2,682 | 2,373 | 1,258 |  | Refined products | 5,055 | 3,287 | 6,534
1,672 | 1,910 | 839 |  | Natural gas liquids | 3,582 | 2,288 | 5,069
205 | 256 | 286 |  | Transportation | 461 | 615 | 1,083
341 | 112 | 88 |  | Other sales | 454 | 225 | 681
17,402 | 16,664 | 7,677 |  | Revenues from contracts with customers | 34,067 | 21,631 | 45,088
80 | 78 | (9) |  | Taxes paid in-kind | 158 | 38 | 93
294 | (159) | 152 |  | Physically settled commodity derivatives | 135 | 251 | 209
(471) | (523) | (318) |  | Gain/(loss) on commodity derivatives | (994) | 594 | 108
74 | 69 | 61 |  | Other revenues | 143 | 113 | 256
(23) | (536) | (114) |  | Total other revenues | (558) | 996 | 665
17,380 | 16,129 | 7,563 |  | Revenues | 33,508 | 22,627 | 45,753

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