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Norway: Equinor JV to develop Lavrans and Kristin Q in the Norwegian Sea 30 Jun 2021 Lavrans discovery and the Kristin Q-discovery which is a part of the Kristin field. This constitutes phase 1 of the Kristin South project, and today the plan for development and operation (PDO) will be submitted to the minister of petroleum and energy. Capital expenditures for this first phase will total about NOK 6.5 billion. Equinor JV to develop Lavrans and Kristin Q in the Norwegian Sea The decision to develop the Kristin South area will generate substantial value for society and the owners. We exploit the resources and the existing infrastructure in a favourable way, while contributing to further development of the Norwegian Sea. We have also awarded contracts worth about NOK 2.2 billion. These assignments will help maintain jobs in Norway, says Equinor’s executive vice president for Projects, Drilling and Procurement, Arne Sigve Nylund.

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