Equinor and Partners to Invest $2 Billion in North Sea Energy Project: Creating Jobs and Improving Environmental Performance

Equinor ASA (NYSE:EQNR) and its partners have greenlit a $2 billion deepwater development project in the North Sea called Fram Sør. This investment will merge offshore discoveries and create around 4,500 full-time job positions in Norway. The project aims to improve environmental performance and subsea visibility with fully electric subsea tree systems. Estimated recoverable assets are 116 million barrels of oil equivalent, with production planned for the end of 2029. Equinor is a globally integrated energy company focused on petroleum and alternative energy sources. No promotional content or marketing included in this news summary.

Read more at Yahoo Finance.: Equinor (EQNR) and Partners Greenlight $2B+ North Sea Energy Project