New Arctic Oil Field Nears Production as Giant Ship Set to Sail [BNN Bloomberg (Canada)]
Equinor ASA (EQNR)
Last equinor asa earnings: 2/6 12:43 am
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Source: BNN Bloomberg
The startup of the the Johan Castberg development later this year “opens up a new oil province in the Barents Sea, and this field can become a hub for new discoveries,” Equinor ASA Chief Executive Officer Anders Opedal said, speaking to dockyard workers on Tuesday at the coastal village of Stord, Norway. Once the infrastructure is in place, it will be easier to connect additional oil finds to the floating production, storage and offloading vessel, he said. Prime Minister Jonas Gahr Store's government is keen to maintain Norway's position as a key energy supplier to Europe, and sees the largely unexplored Arctic as the main source of future reserves. Estimated to hold more than 60% of Norway's undiscovered hydrocarbon resources, the Barents Sea has long tempted the oil and gas industry, even as harsh conditions and the lack of infrastructure make developing the region difficult. Norway's pursuit of Arctic oil and gas has come in for some criticism, with opponents arguing that the
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EQNR
Earnings
- 7/26/23 - Miss
EQNR
Sec Filings
- 5/15/24 - Form 6-K
- 5/14/24 - Form 6-K
- 4/30/24 - Form 6-K
- EQNR's page on the SEC website