Statoil To Deploy New Platform In The North Sea – ValueWalk Premium

Statoil To Deploy New Platform In The North Sea

Statoil ASA(ADR) (NYSE:STO) has recommended the building of a platform to extract the best possible volumes from the Snorre field in the North Sea. Statoil wants to build a new drilling and processing platform in order to extend the life of this field, with the goal of extending the Snorre field oil production up to the year 2040.

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