Shipping, Oil & Gas

Shipping, Oil and Gas

Statoil awards seven service contracts

Norwegian energy provider Statoil has awarded the service contracts for seven bases for the company in Norway. These contracts have been awarded to NorSea Group AS, Saga Fjordbase AS and Asco Norge AS. 

New gas field on stream

On January 1st, the Valemon gas and condensate field in the North Sea was brought on stream by by Norwegian energy producer Statoil and partners. Recoverable reserves from the field are estimated at 192 million barrels of oil equivalent.

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