Equinor is back with billion-euro investment after decision to postpone Wisting
The investment in the Irpa field brings extension for other projects as well despite price increases. But the Norwegian Minister of Petroleum and Energy has not forgotten Equinor’s decision to postpone its investment in Wisting. ”It’s a good thing that the project hasn’t been shelved. I hope to have Wisting on the table in a few years,” says minister.
BY LARS HELTNE, TRANSLATED BY CHRISTOFFER ØSTERGAARD
On Tuesday, Executive Vice President for the Projects, Drilling and Procurement at Equinor Geir Tungesvik handed over a development and operation plan to Minister of Petroleum and Energy Terje Aasland regarding the Irpa field in the Norwegian Sea, along with representatives from other licensing partners Shell, Petoro and Wintershall Dea.
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