Post by Equinor
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๐ฆ๐๐ฟ๐ฒ๐ป๐ด๐๐ต๐ฒ๐ป๐ถ๐ป๐ด ๐ผ๐๐ฟ ๐ฐ๐ฎ๐ฝ๐ฎ๐ฐ๐ถ๐๐ ๐๐ผ ๐ฑ๐ฒ๐น๐ถ๐๐ฒ๐ฟ ๐ผ๐ป ๐๐ต๐ฒ ๐ก๐๐ฆย ๐ค We've entered into a letter of intent with Transocean for the use of three Cat D rigs on the Norwegian continental shelf (NCS). โ๏ธ The agreement helps secure rig capacity on competitive terms and supports our ambition to maintain high production towards 2035. ๐ฏ With these rigs, we can accelerate delivery of new wells, reduce costs and continue developing resources reliably, safely and efficiently. โก Our ambition for the NCS is the production of 1.3 million barrels of oil equivalent per day in 2035. Around 70% of that production will come from new wells. ๐ Find out more at the link in the comments โฌ๏ธ