{
  "id": 12588957,
  "title": "Oljeprosjektene blir 35 mrd. dyrere",
  "url": "https://urgent.news/2026/10/07/oljeprosjektene-blir-35-mrd-dyrere",
  "topic": "business",
  "section": "Business",
  "published": "2026-10-07T08:30:24.000Z",
  "source": {
    "name": "E24 Norway",
    "slug": "e24-norway",
    "url": "https://e24.no/energi-og-klima/i/w3EWjM/oljeprosjektene-blir-35-mrd-dyrere"
  },
  "original_language": "en",
  "account": "The Norwegian government has raised the costs of several oil and gas projects in the Norwegian seabed by 35.4 billion kroner since last year, according to an overview from the Ministry of Energy. Most projects are still on schedule, but some have become significantly more expensive than initially anticipated. The projects that are currently under construction were originally estimated to cost 311.9 billion kroner but have increased by 116.5 billion kroner to 428.4 billion kroner, as per the government's overview. The government has projected the expected future cash flow from these projects at 650 billion kroner, assuming a seven percent real interest rate before taxes. With a four percent interest rate, the present value is around 800 billion kroner, according to the Ministry of Energy. The increase in the Valhall-Fenris project is due to more wells being drilled, currency effects, a tight market, and measures to avoid delays. Yggdrasil has seen its costs rise due to currency effects on contracts in dollars and euros from project changes such as the inclusion of the discovered East Frigg and well optimization. Also, the costs have increased to ensure its continued progress. Aker BP's communications director Tore Langballe says the new figures align with what the company reported to the market in July, but they have now been converted from dollars to kroner.",
  "summary": "Pågående olje- og gassprosjekter har blitt 35 milliarder dyrere siden i fjor, viser en oversikt fra…",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}