HOUSTON, TEXAS (Philipp Markopulos, Energy Analytics Institute, 17.Mar.2025) — Norway’s Equinor started production at the Halten East development in the Norwegian Sea, 2 years following approval from Norwegian authorities.
“We are starting up Halten East at a time where piped gas from Norway is in high demand and important for energy security. In a challenging cost and inflation environment, the project has been delivered both on time and within our cost estimate,” Equinor executive vice president for projects, drilling, and procurement Geir Tungesvik said on 17 Mar. 2025 in an official statement.
The estimated pay-back time for the project is 1 year, he added.
