Report
Cost estimates rise for Aker BP's Yggdrasil and Valhall-Fenris projects off Norway
Reuters reports that Norway's fiscal budget shows Yggdrasil's cost estimate up 9.8% and Valhall-Fenris's up 23% from year-old nominal estimates.
TLDR
Yggdrasil and Valhall-Fenris are Aker BP's major ongoing oil and gas developments off Norway. Reuters reports that government fiscal-budget data puts their cost estimates 9.8% and 23% higher, respectively, than nominal estimates a year earlier.
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