Posted By Global Banking and Finance Review
Posted on June 26, 2025
STOCKHOLM (Reuters) -Operator Equinor and its partners Vaar Energi and Inpex Idemitsu will invest more than 21 billion Norwegian crowns ($2.08 billion) to develop Norway's Fram South oil and gas field, the companies said on Thursday.
Production is scheduled to start at the end of 2029, Equinor said in a statement.
($1 = 10.0849 Norwegian crowns)
(Reporting by Jagoda Darlak, editing by Terje Solsvik)