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| Name | Symbol | Market | Type |
|---|---|---|---|
| Equinor ASA | NYSE:EQNR | NYSE | Depository Receipt |
| Price Change | % Change | Price | High Price | Low Price | Open Price | Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|
| 0.45 | 1.67% | 27.44 | 27.64 | 27.17 | 27.54 | 4,579,700 | 00:51:12 |
From May 2019 to May 2024
By Jens Hansegard
Norway's Statoil ASA (STO) said Tuesday construction of the just-completed Polarled gas pipeline cost 7.5 billion Norwegian kroner ($880 million), down from the initial budget of NOK11.1 billion.
"This is due to good planning, good market knowledge and good execution--and the fact that we could combine several large projects when we went to the market and negotiated for pipes and vessels," Statoil head of projects, Torger Rod, said in a statement.
Statoil said the final pipe in the 482.4 kilometer-long Polarled Pipeline was laid on Monday at the Aasta Hansteen field at a depth of 1,260 meters in the Norwegian Sea.
The pipelaying work commenced in March this year.
-Write to Jens Hansegard at jens.hansegard@wsj.com
Subscribe to WSJ: http://online.wsj.com?mod=djnwires
(END) Dow Jones Newswires
September 29, 2015 07:06 ET (11:06 GMT)
Copyright (c) 2015 Dow Jones & Company, Inc.
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