Statoil Gets Green Light for Njord and Bauge Projects

GALWAY, IRELAND--June 27, 2017--Written by Martin Lynch, European News Editor for Industrial Info (Galway, Ireland)--Norway's authorities have given the green light for Statoil ASA (NYSE:STO) (Stavanger, Norway) and partners to develop the Njord and Bauge oil and gas fields located in the Norwegian Sea.

Within this article: Details green light for $2.3 billion investment in Njord and Bauge oil fields, estimated yields, partners and awarded projects.