Oil Production Starts at Eldfisk II in North Sea
GALWAY, IRELAND--January 13, 2015 --Written by Martin Lynch, European News Editor for Industrial Info (Galway, Ireland) Oil production has started at the Eldfisk II project in the Norwegian North Sea at a time when weak oil prices are forcing many Norwegian projects to be scrapped or postponed.
The project is designed to increase oil recovery from the old oil field and will have a capacity of 70,000 barrels of oil equivalent (boe) per day, according to project partner, France's Total S.A. (NYSE:TOT) (Paris, France).
