Equinor extends several oil and gas field life cycles
The oil major has extended the life cycles of multiple Norwegian shelf installations during the last three years, and several more will follow. This will secure thousands of jobs, Equinor informs.
by OLE ANDERSEN
During the last three years, Norways' state-owned oil company, Equinor, secured approval from the country's Petroleum Directorate to extend the life cycles of eight rigs on the Norwegian shelf. Several of these had been intended for decommissioning but will instead continue to operate for many years yet, Equinor informs in a press statement. And the company now plans further life cycle extensions.
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