Norway — said on Wednesday it plans to invest up to 75 billion Norwegian crowns ($8.80 billion) to develop the Wisting petroleum discovery, set to become the world’s northernmost oilfield.
Located in the Arctic Barents Sea, the Wisting development is subject to a final investment decision by Equinor and its partners by the end of 2022, the company said in a statement. ($1 = 8.5185 Norwegian crowns) (Reporting by Terje Solsvik, editing by Gwladys Fouche)
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