Tag: Petoro
Breaking even at USD 20 / barrel: the new age of...
In late August, Equinor and the Johan Sverdrup partnership of Lundin Norway, Petoro, Aker BP and Total, submitted their development plan for the second phase of the project to the Norwegian Ministry of Petroleum and Energy. With an increased resource estimate and lower investment costs, the full field development of Johan Sverdrup will contribute to even greater value creation.
Equinor’s oil discovery doubles at Norne oil reserves
Equinor has, together with partners ENI and Petoro, completed the appraisal well on the Cape Vulture discovery from 2017.
Plan for Development and Operation for Maria approved
Wintershall and its partners Petoro and Centrica have received approval by the Ministry of Petroleum and Energy for the plan for development and operation (PDO) for the Maria development, offshore Norway.
Under the approved development solution, the Maria reservoir will be linked via a subsea tieback to the Kristin, Heidrun and Åsgard B production platforms.
