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RSS FeedsCost changes in projects on the Norwegian continental shelf
(WorldNews Norway)

 
 

7 october 2019 17:23:43

 
Cost changes in projects on the Norwegian continental shelf
(WorldNews Norway)
 


The Martin Linge platform (left) in the North Sea and the Njord A platform at Kværner Stord. (Photo: Jan Arne Wold (left) and Ole Jørgen Bratland) Equinor is the operator for 21 projects in the implementation phase, with a total investment of around 210 billion kroner. 20 of these are on the Norwegian shelf or at Norwegian onshore facilities. Production from the first phase of Johan Sverdrup started on 5 October, well ahead of schedule, while costs have been reduced by NOK 31.4 billion in 2019-kroner (40 billion in nominal kroner, based on a fixed exchange rate)....


 
30 viewsCategory: General > Europe > Norway
 
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