• / Free eNewsletters & Magazine
  • / My Account
Home>Statoil to Cut Spending, Raise Output at Giant North Sea Field

Statoil to Cut Spending, Raise Output at Giant North Sea Field

3party Content

Mon, 29 Aug 2016

By Kjetil Malkenes Hovland OSLO--Norway's Statoil ASA (STO) has reduced its planned investment in the giant Johan Sverdrup field in the North Sea by a fifth, saying the project would be profitable even at half of today's oil prices, while planning to produce more oil than previously expected. The
Upcoming Events
Conferences
Webinars

©2014 Morningstar Advisor. All right reserved.