Start-Up Green Light Given for Major North Sea Oil Field

GALWAY, IRELAND--September 11, 2019--Written by Martin Lynch, European News Editor for Industrial Info (Galway, Ireland)--Permission to start up one of the largest oil fields in the North Sea has been granted to developer Equinor (NYSE:EQNR) by Norway's regulator, the Norwegian Petroleum Directorate (NPD).

Within this article: Details start-up of major field, investment to date, resource estimates, cost of phase 2, timelines, impact on Norway's revenues