Equinor (EQNR) Launches First of Five Wells Offshore Norway
Equinor(EQNR) ZACKS·2024-07-09 19:25
Project Background and Milestones The project saw the installation of a new subsea template tied into the Kristin platform, now processing oil and gas from the first Lavrans well. The produced gas is exported through the pipeline system to the European market, while the oil is transferred by ship via the Asgard C storage vessel. Notably, the CO2 intensity of Kristin South Phase 1's extraction and production is remarkably low, at less than 1 kg of CO2 per barrel of oil equivalent. Emissions are primarily gen ...