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The National (Scotland)
The National (Scotland)
National
Ross Hunter

Norway halts new oil field in Arctic – could Rosebank be next to be scrapped?

NORWEGIAN state-owned energy company Equinor has announced it is postponing an investment decision on a new oil field in the Arctic.

Equinor said it is delaying any decision concerning the Wisting oil field, which would have become the largest single Norwegian oil asset approved by the Government this decade, until 2026. If given the green light the Wisting oil field would have become world’s northernmost oil field.

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