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Norwegian energy major, Equinor has dropped the idea of a downscaled ship-to-ship oil transfer terminal for the Johan Castberg field, attributing higher economics as the reason. Equinor undertook a study of ship-to-ship oil transfer from the Barents Sea by a quay in Finnmark county in March 2018. Equinor will now export the oil from Johan Castberg directly to the market. The Johan Castberg is operated by Equinor, where Var Energi and Petoro are partners.
