Norway Approves $6 Billion Plan for Johan Castberg Field

GALWAY, IRELAND--June 26, 2018--Written by Martin Lynch, European News Editor for Industrial Info (Galway, Ireland)--Norway's Ministry of Petroleum and Energy has approved Equinor's (NYSE:EQNR) (Stavanger, Norway) plan for development and operation (PDO) of the $6 billion Johan Castberg oil and gas field in the Barents Sea.

Within this article: Details permission and spending plan for project, partners, recoverable resources, ongoing projects and timeline