Norwegian energy producer to invest in North Sea field



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COPENHAGEN, Denmark – Norway's largest oil and gas company says it will invest an estimated 7.8 billion kroner ($ 936 million) to further develop an offshore oil and gas field beyond 2050 to strengthen the country's ability to supply Europe with gas.

Margareth Oevrum, vice president of Equinor – formerly known as Statoil – says "this is probably one of the most profitable and robust projects in the company's history "

The state-owned company says" future value creation from Troll is estimated at 1.65 trillion kroner ($ 202 billion). "

The United States is the largest of the world's largest oil mills in the world.

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