Equinor to Invest NOK 21B in Fram Sor Oil and Gas Project

Key Takeaways Equinor is investing over NOK 21B in the Fram Sor subsea oil and gas project on the NCS. Fram Sor will recover 116M barrels of energy with ultra-low CO2 emissions and full electrification from shore. The project supports 4,500 jobs and NOK 18B in contracts, mostly awarded to Norwegian-based suppliers.Equinor ASA (EQNR) and its partners have announced a major investment of over NOK 21 billion (~$2 billion) in the Fram Sør development, a new subsea oil and gas project in the North Sea. The pla ...