Equinor and the Wisting partners have decided to postpone the investment decision scheduled for December 2022. The maturation of the project continues, aiming for an investment decision by end of 2026.Updated investment estimate for Wisting is NOK 104 billion. The project has a positive Net Present Value before and after tax after the cost increase.Global inflation, and challenges in the energy markets because of the war in Ukraine, creates capacity challenges and bottlenecks among international and Norwegian suppliers. The lead time from the yards and from the equipment suppliers has increased.The Wisting partners: Equinor Energy AS (35 %), AkerBP AS (35 %), Petoro AS (20 %) and INPEX Idemitsu Norge AS (10 %).
Equinor and the Wisting partners have decided to postpone the investment decision scheduled for December 2022. The maturation of the project continues, aiming for an investment decision by end of 2026.Updated investment estimate for Wisting is NOK 104 billion. The project has a positive Net Present Value before and after tax after the cost increase.Global inflation, and challenges in the energy markets because of the war in Ukraine, creates capacity challenges and bottlenecks among international and Norwegian suppliers. The lead time from the yards and from the equipment suppliers has increased.The Wisting partners: Equinor Energy AS (35 %), AkerBP AS (35 %), Petoro AS (20 %) and INPEX Idemitsu Norge AS (10 %).
