Norway’s Equinor and Okea Argue Over Reserves and Costs at Statfjord Field
Norway’s Equinor and compatriot Okea are at loggerheads over a deal for a major stake in the Statfjord project after Okea revealed the field had fewer reserves and higher costs than first thought. In March, Okea agreed to acquire a 28% stake in block PL 037 (Statfjord area) from Equinor …