. 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 the Technology, Design and Mining Department at Equinor – said: “It's an amazing feeling to see the project taking real shape.” She was referring to two new platforms that had been installed in the North Sea. In an interview with NRK.no, she also said that "this investment is one of the most important in all of Europe. Once the new mining facilities are launched, the resources will be exploitable for the next 50 years.”
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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.
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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.
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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.
