Vår Energi, Equinor file amended PDO for GGE project [Yahoo! Finance]
Equinor ASA (EQNR)
Last equinor asa earnings: 2/6 12:43 am
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Source: Yahoo! Finance
The project aims to boost oil production at the Goliat field in the Barents Sea by enhancing reservoir management after extracting gas reserves, which are currently being reinjected. Additional oil will be sold immediately, while the gas will be transported to the Hammerfest liquefied natural gas plant via an existing agreement with Snøhvit and sold when processing facilities are available. Total pre-tax investment for the GGE project is approximately $360m gross, with Vår Energi's net contribution being $233m (Nkr2.19bn). The project involves the development of proven plus probable reserves totalling 112 million barrels of oil equivalent, with approximately 15% consisting of oil. It is due to commence production in the third quarter of 2029 (Q3 2029). New subsea infrastructure will link the Goliat floating production, storage and offloading (FPSO) unit to the Snøhvit pipeline. This includes a gas riser, umbilical and a 12km gas export pipeline. Modifications to the existin
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EQNR
Earnings
- 2/4/26 - Beat
EQNR
Sec Filings
- 4/13/26 - Form 6-K
- 4/1/26 - Form 6-K
- 3/31/26 - Form 6-K
- EQNR's page on the SEC website