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Connector Subsea Distribution is investing over NOK 20 million in new production equipment to increase capacity for ball valves and associated subsea equipment amid a surge in orders.
Equinor and its partners decided to invest around NOK 1.4 billion in the Vigdis Boosting Station, an improved oil recovery project on the Snorre-linked Vigdis subsea field. The station is scheduled to start up in Q1 2021.