Equinor Invests $400 Million to Boost Output at Newest Arctic Oilfield ...Middle East

OILPRICE - Economy
Equinor Invests $400 Million to Boost Output at Newest Arctic Oilfield
Equinor and its partners in the huge new Arctic oilfield Johan Castberg will invest $396 million (4 billion Norwegian crowns) to construct the first tie-back of another discovery to the Castberg hub that would boost oil production from the area.   The investment decision by Equinor, Vår Energi, and Petoro was made just eight months after Johan Castberg came on stream, the Norwegian energy major said on Thursday.   Equinor announced in the summer that Johan Castberg hit full capacity of 220,000 barrels per day…

Hence then, the article about equinor invests 400 million to boost output at newest arctic oilfield was published today ( ) and is available on OILPRICE ( Middle East ) The editorial team at PressBee has edited and verified it, and it may have been modified, fully republished, or quoted. You can read and follow the updates of this news or article from its original source.

Read More Details
Finally We wish PressBee provided you with enough information of ( Equinor Invests $400 Million to Boost Output at Newest Arctic Oilfield )

Apple Storegoogle play

Last updated :

Also on site :



Latest News