Equinor and partners to invest $2.1 bln in Norway oil, gas field

Idemitsu Kosan

26/06/2025 10:01

STOCKHOLM, June 26 (Reuters) - Operator Equinor EQNR.OL and its partners Vaar Energi VAR.OL 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)

 ((Jagoda.Darlak@thomsonreuters.com; +48 58 769 65 40;))