The Norwegian oil major has secured suppliers to build a floating production vessel, drill production wells and install sea-bed infrastructure. Valaris earlier this year won a $498 million contract to drill wells for the project, known as Raia. The project will cost an estimated $9 billion and could supply 15% of Brazilian gas demand when it comes online.
Equinor awards over $9 billion in long-term contracts to Norwegian suppliers
Equinor has awarded long-term framework agreements worth about NOK 100 billion ($9+ billion) to...
