Equinor and Partners to Invest over $2 Billion in North Sea Project By Investing.com

Equinor and partners to invest over $2 billion in North Sea project By Investing.com

Equinor, Fram partners to invest in new subsea development - Drilling Contractor

Equinor and its Fram partners will invest more than NOK 21 billion in a new subsea development submitted to the Norwegian Minister of Energy, Terje Aasland. The Fram Sør project is a combined development of several discoveries that will export oil and gas via Troll C. Recoverable volumes are estimated at 116 million barrels of … The post Equinor, Fram partners to invest in new subsea development appeared first on Drilling Contractor.

Equinor, partners greenlight $2 billion investment in North Sea oil and gas project

Equinor and its Fram partners will invest more than $2 billion (NOK 21 billion) in a new subsea development, Equinor announced Thursday. The Fram Sør project is a combined development of several discoveries that will export oil and gas via Troll C in the North Sea. Recoverable volumes are estimated at 116 MMboe, and production is scheduled to start at the end of 2029.

Equinor and Partners to Invest Over $2 Billion in North Sea Oil and Gas Project

Equinor Files Development Plan for Fram South in Norwegian North Sea

Fram South, with estimated recoverable volumes of 116 million barrels of oil equivalent, will unlock new gas for Europe.