Norwegian oil competitors strike deal on next giant project
Aker BP and Equinor have struck a deal to develop the Noaka field in the North Sea, which contains half a billion barrels of oil equivalent and could become the next Johan Sverdrup. The agreement comes a few days after the industry secured better tax conditions.
Shortly after Norway's major tax cut scheme for the oil industry fell into place, oil firms Equinor and Aker BP have reached agreement on developing the Noaka field in the North Sea, which could become the next giant project in that ocean after Johan Sverdrup, according to a statement issued by Aker BP.
Already a subscriber?Log in here
Read the whole article
Get access for 14 days for free. No credit card is needed, and you will not be automatically signed up for a paid subscription after the free trial.
With your free trial you get:
Get full access for you and your coworkers
Start a free company trial todayRelated articles
Oil minister to monitor Equinor more closely after US flop
For subscribers
Equinor electrifies Sleipner with major investment
For subscribers
.jpg&w=384&q=75){kind=logo}
