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EQNR Equinor ASA

28.14
-0.58 (-2.02%)
Last Updated: 18:28:44
Delayed by 15 minutes
Name Symbol Market Type
Equinor ASA NYSE:EQNR NYSE Depository Receipt
  Price Change % Change Price High Price Low Price Open Price Traded Last Trade
  -0.58 -2.02% 28.14 28.19 27.68 28.05 3,086,676 18:28:44

Statoil Awards Kvaerner NOK2 Billion Johan Sverdrup Contract

20/01/2015 11:38am

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Equinor ASA (NYSE:EQNR)
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   By Dominic Chopping 
 

Norwegian oil and gas major Statoil ASA (STO) said Tuesday it has awarded a NOK2 billion contract to Kvaerner ASA (KVAER.OS) to deliver the riser platform jackets, the structures that drilling platforms sit on, for the Johan Sverdrup field.

Delivery is scheduled for the summer of 2017, contingent on an investment decision for the development which is scheduled for February 2015 and subject to the Norwegian parliament's approval of the plan for development and operation (PDO).

It said the first phase of the field development consists of four installations and jackets and comprises an accommodation platform, a drilling platform, a riser platform and a processing platform.

-Write to Dominic Chopping at dominic.chopping@wsj.com; Twitter: @WSJNordics

Subscribe to WSJ: http://online.wsj.com?mod=djnwires


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