Equinor plans $8.8 billion development of world’s northernmost oilfield in Norway’s Barents Sea
Despite climate concerns, Norway's new government will continue to pursue oil development.
November 10, 2021
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OSLO — Norway’s Equinor said on Wednesday it plans to invest up to 75 billion Norwegian crowns ($8.8 billion) to develop the Wisting petroleum discovery, set to become the world’s northernmost oilfield.
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