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Equinor’s UK Rosebank oil and gas investment to reach $5.2 bln

Equinor’s flag in Stavanger, Norway December 5, 2019. REUTERS/Ints Kalnins/File Photo

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LONDON, Aug 5 (Reuters) – Equinor’s (EQNR.OL) Rosebank oil and gas field in the British North Sea will need capital expenditure of about 4.3 billion pounds ($5.22 billion), Equinor’s UK upstream chief Arne Guertner told Reuters on Friday.

Ahead of a final investment decision, Equinor on Thursday submitted an environmental plan for the field to UK authorities. read more

($1 = 0.8235 pounds)

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Reporting by Shadia Nasralla and Ron Bousso
Editing by David Goodman

Our Standards: The Thomson Reuters Trust Principles.

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