Equinor's cost estimate for the Johan Castberg project increases significantly

The partners in the Johan Castberg oil field, Equinor, Vår Energi and Petoro, have updated their cost estimate by NOK 13bn.

The total cost is now NOK 80bn (EUR 6.84bn) | Photo: Equinor

by ESPEN BLESS STENBERG

Costs for the Johan Castberg oil field have risen by NOK 13bn (EUR 1.12bn), Equinor states in an announcement.

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