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Norway's energy firms plan $1.7 billion oil, gas developments


3 Min Read
OSLO (Reuters) -Equinor and Aker BP set out plans to develop four oil and gas discoveries with a total price tag of 14.5 billion Norwegian crowns ($1.69 billion) as part of Norway’s efforts to maximise output from its existing fields.
FILE PHOTO: Equinor s flag in Stavanger, Norway December 5, 2019. REUTERS/Ints Kalnins
The Nordic nation, which began to extract oil and gas 50 years ago, believes it has still only pumped about half of its available resources and hopes near-field developments will help secure output for years to come.
In one such development, Equinor, Petoro, Eni and TotalEnergies will invest 6.5 billion crowns in two oil and gas discoveries near the Kristin gas and condensate field in the Norwegian Sea, the companies said. ....

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Norway: Equinor JV to develop Lavrans and Kristin Q in the Norwegian Sea


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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Equinor Decides on $760MM+ Project

Equinor Decides on $760MM+ Project
rigzone.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from rigzone.com Daily Mail and Mail on Sunday newspapers.

France General , Norwegian Sea , Oceans General , Arne Sigve Nylund , Equinor Energy , Totalep Norge , Kristin South , Kjetil Hove , நோர்வே கடல் , கிறிஸ்டின் தெற்கு ,

Equinor to develop $753m Kristin South Phase 1 project in Norway

Equinor to develop $753m Kristin South Phase 1 project in Norway
offshore-technology.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from offshore-technology.com Daily Mail and Mail on Sunday newspapers.

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