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Commodity Pricing


Month: August 2020

Equinor beefs up Bay du Nord subsea scope

Norwegian operator adds wells to suspended Canadian project, and indicates project sanction is a possibility for 2021 Norway’s Equinor has fleshed out plans for a beefed-up, 40-well subsea production system at its suspended Bay du Nord project off Canada and indicated a final investment decision on the US$5 billion scheme could come as early as […]

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Norway: Tax relief to increase investments in oil and gas

A survey made by the Norwegian statistics bureau SSB revealed that oil and gas investment in Norway will rise more this year and decline less in 2021 than predicted a few months ago. Oil firms, including giant Equinor, decided to go through with several projects after the Norwegian government granted tax incentives in June to encourage investment following a […]

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