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Equinor to improve financial health of problematic oil field Martin Linge

After budget overruns of more than 100 percent, Norwegian oil company Equinor is on the lookout for efficiency improvements at Martin Linge oil field.

Photo: PREquinor

The establishment of recently commissioned Norwegian oil field Martin Linge has proved so costly that the state-owned Norwegian oil company Equinor has set up a task force with the objective of making the field more cost-effective, writes Norwegian media outlet E24.

The Martin Linge field was commissioned in June of this year, but getting it up and running ended up costing twice as much as originally projected.

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