Equinor postpones Wisting project investment in what protestors call ‘a victory for the climate’
Equinor (NYSE:EQNR) and its Wisting project partners have decided to postpone the investment decision that was scheduled for next month.
Equinor (NYSE:EQNR) and its Wisting project partners have decided to postpone the investment decision that was scheduled for next month.
Today Equinor has issued a complementary assessment for the Wisting development in the Norwegian Barents Sea for public consultation.
Aker BP (OSLO:AKRBP) has outlined plans to invest NOK 150 billion ($15.3bn) in Norwegian development projects over the next six years.
Equinor has published an impact assessment for the development and operation of its Wisting field, fleshing out details on investment, operating expenditure and electrification plans.
Aker Solutions has landed the front-end engineering and design (FEED) work for the Equinor Wisting FPSO in the Barents Sea.
Projects from Equinor off the UK and Norway will help bring North Sea spending to its highest level in a decade, according to Westwood Global.
OMV said its Wisting discovery in the North Sea could contain more than one billion barrels of oil equivalent.
OMV is set to prepare a new reserves estimate for its Wisting oil discovery in the Barents Sea, after successfully drilling its appraisal well.
OMV has plugged and abandoned its dry well near the Wisting oil discovery. The purpose of the well was to find petroleum in reservoir rocks from the middle jurassic to late triassic age. It was drilled about 6 kilometres south-east of oil discovery 7324/8-1 'Wisting' in the Barents Sea and 310km north of Hammerfest.