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IS - ConocoPhillips advances redevelopment of Norway’s Tor field - April 2019

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ConocoPhillips is progressing with its plans to redevelop its shut-in Tor field offshore Norway, awarding TechnipFMC a contract to build and deliver a subsea production system and associated infrastructure. TechnipFMC did not reveal the exact value of the engineering, procurement construction and installation contract, but said it was in the $75-250 million range. Tor is an oil and gas field 13 km northeast of the Ekofisk complex in water depth of ~70 meters. It was discovered in 1970 and started......
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