Equinor seeks to revive costly Norway, Canada oil prospects [Reuters]
Equinor ASA (EQNR)
Last equinor asa earnings: 2/6 12:43 am
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Source: Reuters
developing two offshore oil discoveries that were previously postponed, the Norwegian energy group said on Thursday. The agreement with the Subsea Integration Alliance, an oilfield services group comprising Subsea7 and OneSubsea, could help revive plans to develop Norway's Wisting field and Canada's Bay du Nord, potentially unlocking around one billion barrels of oil. "Selecting the supplier at this early stage is a new way of approaching project development for us," Equinor project development head Trond Bokn said in a joint statement with Subsea7. "We look forward to develop concepts together, in a process with full visibility on profitability, and joint efforts to make these challenging projects sanctionable," he added. Wisting and Bay du Nord were both discovered more than a decade ago and are believed to contain about 500 million barrels of oil each, Equinor has said. Both projects face opposition from environmentalists who say the planned production poses a risk to vul
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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