The Norwegian oil company ASA, controlled by Kjell Inge Røkke and which is a partner in Norway's gigantic Johan Sverdrup field, has reduced the projected costs for the development of the field to about USD 18-21 billion. Meanwhile, Det norske oljeselskap projects a further reduction in the long-term total costs for the development of the Johan Sverdrup field.
ASA announced this during its annual Capital Markets Day on Monday in Oslo.
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