Equinor has chosen a cylindrical floating production, storage and offloading unit for its challenging Nkr50 billion to Nkr75 billion ($6 billion to $9 billion) Wisting project in Norway's Barents Sea waters, setting the stage for a battle for major contracts this autumn.

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Multiple sources familiar with Wisting told Upstream that the Norwegian state-controlled energy company has finally decided to go for a 150,000 barrels per day cylindrical floater supplied with power from shore for the 450 million barrel oilfield.