Equinor's new success cluster fares fine without tax breaks

The Norwegian oil company is in no rush to expand the lucrative area around oil fields Fram and Troll.
The four new discoveries are located near the Troll field. | Photo: PR / Aker Solutions
The four new discoveries are located near the Troll field. | Photo: PR / Aker Solutions

When Equinor recently announced an oil discovery containing 75-120 million barrels of oil at the Blasto prospect, the fourth deposit in a row found near the Fram and Troll fields, which are estimated to hold a consolidated volume of 170-330 barrels of oil equivalent, one could be excused for imagining that the company would expedite a build-out plan.

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:

  • Access all locked articles
  • Receive our daily newsletters
  • Access our app
  • Must be at least 8 characters, including three of: Uppercase, lowercase, numbers, symbols
    Must contain at least 2 characters
    Must contain at least 2 characters

    Get full access for you and your coworkers

    Start a free company trial today

    Share article

    Sign up for our newsletter

    Stay ahead of development by receiving our newsletter on the latest sector knowledge.

    Newsletter terms

    Front page now

    On June 1, Senvion's former CFO Manav Sharma started as US country manager for Nordex. Soon he will have a new factory at his disposal. | Foto: Senvion

    Nordex restarts production in the US

    For subscribers

    Further reading