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EQUINOR DISCONTINUES CONTROVERSIAL OIL DRILLING PLANS ON GREAT AUSTRALIAN BIGHT

Published On 25 Feb 2020 11:50 AM


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Highlights:

  • On Tuesday, Equinor claimed a review of its global exploration portfolio pointed towards better opportunities for new fields elsewhere.
  • Equinor has decided to scrap out its plans to drill the Stromlo-1 exploration too because the opportunity was not commercially competitive, it said in an official statement

 

Equinor has become the latest oil and gas com....


Tags : natural oil, gas, power, energy, deposits, industry, news,
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