Tag Archives: Johan Castberg Project

Equinor’s Johan Castberg Project Sees Nearly NOK 13 Billion Cost Increase, But Production Timeline Unchanged

(IN BRIEF) The Johan Castberg partnership, consisting of Equinor, Vår Energi, and Petoro, has announced an upward revision of the project’s cost estimate, with an increase of nearly NOK 13 billion compared to the previous year. Despite these cost escalations, … Read the full press release