Equinor has started production at Statfjord Øst, which is expected to boost production by a total of 26 million barrels of oil equivalents from the project, the Norwegian energy major said on Friday. Equinor has been looking to extend the life of various producing oil and gas fields on the Norwegian Continental Shelf by maximizing oil and gas recovery rates and tying the new wells to existing infrastructure—a lower-cost solution to boosting output than building infrastructure from scratch. The new North Sea project, which started up…
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