Monday, February 13, 2012
   
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Norway Speeds Up Oil Development

NORWAY POST - Norwegian energy producer Statoil has decided to cut the time between discovery to development of certain new fields on the Norwegian Continental Shelf by 50 per cent. ”Our ambition on certain fields on the Norwegian continental shelf is to halve the time from discovery to production,” says Ståle Tungesvik, head of reserves and business development in StatoiL. Read More
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