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- Equinor, Annual Report on Form 20-F 2021 1
De
G
o
l
y
e
r
and Mac Naughton
5001
Spring
V
a
l
l
e
y
Road
Suite 800 East Dallas, Texas 75244
March 17, 2022
Equinor ASA Forusbeen 50
N-4035 Stavanger Norway
Ladies and Gentlemen:
We hereby consent to the references to DeGolyer and MacNaughton contained in the section entitled “2.10 Operational
Performance; Proved Oil and Gas Reserves; Preparation of reserves estimates; DeGolyer and MacNaughton report” of the Annual
Report on Form 20-F for the year ended December 31, 2021, of Equinor ASA (the Form 20-F), to the inclusion of our report of third
party dated February 15, 2022, concerning our independent evaluation, as of December 31, 2021, of certain properties in which Equinor
ASA has represented it holds an interest (our Report of Third Party), which is included as an exhibit to the Form 20-F, and to the
incorporation by reference thereof of our Report of Third Party in the Registration Statements on Form S-8 (File Nos. 333-121382,
333-168426, and 333-262601) pertaining to the Equinor US Holdings Inc. Employee Share Purchase Plan and in the Registration
Statement on Form F-3 (File No. 333-239808) of Equinor ASA and Equinor Energy AS.
Very truly yours,
DeGOLYER and MacNAUGHTON
Texas Registered Engineering Firm F-716