Wataha.no
Send report Radio TV Your account

NOK 350 million a day and NOK 100 billion a year - this is how much more Equinor is to earn

add to Favorites
Rate the article
Rate the article

. Equinor's managers presented for the first time plans to open four new platforms in the North Sea. As announced, the investment is to generate NOK 350 million in revenue per day, which is equivalent to PLN 660. barrels of oil per day. Mining is scheduled to start in 2019.

"It's an amazing feeling"

As Margareth Øvrum - Deputy Director of Technology, Design and Mining at Equinora - said, "It's an amazing feeling to see a project take shape." She meant two new platforms that were installed in the North Sea. In an interview with NRK.no, she also said that “this investment is one of the most important in Europe. After the new mining facilities are put into operation, the resources will be able to be exploited for the next 50 years. '

Read also: Hot weather in Norway in 2018 - could it be hotter? >>>

Everything is to be ready in 2019

Equinor's investment plan includes the construction of the entire production infrastructure in the North Sea. The drilling and transmission platform are already on site, the plan is to install a processing and administration platform. As of today, the foundations for these objects have already been laid. The whole is to be ready in 2019 and is expected to generate revenues of NOK 350 million per day.

12 new employees

Currently, 889 employees are involved in the project. Ultimately, however, the platforms will be associated with 12 thousand. workers who will perform their tasks both at sea and on land. The first stage of the investment has been completed, the second is to start only after the New Year.

Read also: Polish-Norwegian accent at OMC Hairworld 2018 >>>

Reduction of carbon dioxide emissions

In principle, the new mining infrastructure will be more environmentally friendly than other facilities of this type. The production of one barrel of crude oil has an emission of 0.5 kg of CO₂. If these plans are successfully implemented, the emissions of pollutants will be 20 times lower than the average emissions of all Norwegian platforms. It will also be 30 times lower than the emissions of this type of objects around the world.

– There were cost cuts

Equinor has been preparing for the investment for a long time. As a result of the oil crisis in 2014, the company was forced to reduce the costs of implementing the project. The final cost of the project will be NOK 35 billion lower, which is equivalent to a cut of 30% of the assumed expenditure.

Read also: 2000 employees are missing in Rogaland >>>

Improvement of the situation on the labor market

The launch of the mining platform in 2019 will result in an increase in the number of jobs in Norway. This is good news for all those who plan to immigrate to this country for work purposes. Other expert predictions should also be taken into account, including very dynamic wage growth in the Norwegian economy, o which we reported here.

Weather

loader image
Oslo, NO
4:32 a.m., Apr 28, 2024
temperature icon 1° C
heavily cloudy
Humidity: 83%
Pressure: 1018 mb
Wind: 2 mph
Wind Taste: 4 mph
clouds: 100%
Visibility: 0 km
Sunrise: 5:22 am
Sunset: 9:06 pm

Exchange rate

Polish zlotys

1 PLN

=

NOK

0,375

Norwegian crown

SEK

0,384

Swedish Krona

EUR

4,310

Euro

USD

3,932

United States dollar

Featured Articles

Latest articles

The Norwegian krone is too weak - There will be no interest rate cuts this year

The Norwegian krone is too weak - There will be no interest rate cuts this year The world is facing the most challenging changes since World War II, related to growing tensions...


May weekend - time for barbecue, walks and relaxation outdoors

May weekend - time for barbecue, walks and relaxation outdoors The upcoming May weekend is the perfect time for outdoor relaxation and recreational activities. As the temperature increases,…


Tax return: Deadline is Tuesday, April 30

Tax return: Deadline is Tuesday, April 30. More than 2,6 million have filed a tax return and 1,6 million have received a tax return. The deadline for filing tax returns is Tuesday, April 30 -…


Visit our social networking sites