Nordic has spent eight years from 2007 to 2015 securing regulatory and environmental permits. That it's been a lengthy process is undeniable - Scandinavia has some of the strictest permitting standards in the world. But by getting regulatory clearance out of the way, CEO Ivar Fossum said he had gone a long way to derisking a project that could begin construction in mid-2020 with first production two years later.

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