Equinor Extending Life of Norway's Biggest Oil Field

GALWAY, IRELAND--January 12, 2021--Written by Martin Lynch, European News Editor for Industrial Info (Galway, Ireland)--Norway's oil major Equinor has announced plans to invest 287 million euro ($353 million) in the North Sea Statfjord Øst field to improve recovery by 23 million barrels of oil equivalent (boe).

Within this article: Details investment plans, increased production, importance of Statfjord Øst field