Equinor and Rosneft have taken an investment decision on the first stage of the North Komsomolskoye full field development.
“This is an important milestone in the joint project that we have been working on for seven years,” says Elisabeth Birkeland Kvalheim, Country manager for Equinor in Russia.
The North Komsomolskoye project was a part of the strategic cooperation agreement signed by Rosneft and Equinor in May 2012.
Since 2018, the partnership has carried out test production in the field to better understand the reservoir properties and lay the ground for the full field development decision.