Norwegian energy giant Equinor is working toward making a final investment decision at the end of this year on the Wisting oil project, one of the largest undeveloped fields offshore Norway.

Trond Bokn, Equinor’s senior vice president for project management control, said on Tuesday that work on technical studies and detailing of plans for the development of the project “will continue towards the planned investment decision at the end of 2022”.

Recent work completed on an environmental impact assessment, a public consultation process, and a complementary assessment “have so far not brought to light any information which changes our view that developing Wisting is technically and environmentally appropriate”, added Bokn.