Statoil Reveals $2.3 Billion Investment for Njord and Bauge Fields

GALWAY, IRELAND--April 5, 2017--Written by Martin Lynch, European News Editor for Industrial Info (Galway, Ireland)--Oil and gas major Statoil ASA (NYSE:STO) (Stavanger, Norway) has submitted plans to spend 19.8 billion Norwegian kroner ($2.3 billion) to develop the Njord field and the new Bauge discovery to Norway's regulator.

Within this article: Details future investment plans by Statoil for Njord and Bauge fields