Statoil brings North Sea oil and gas field online
Stavanger, Norway (UPI) Feb 23, 2015 - Norwegian energy company Statoil said Monday it started production at a new North Sea oil and natural gas field on time and under budget. The company said it started production at the Oseberg Delta II development about three years after the initial discovery. The total investment of $926 million was "well below" initial expectations, the company said. "We've delivered yet another ... more
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