Statoil awards NOK 8bn for oil platform

Statoil has awarded a contract worth NOK 8 billion (£0.7bn) to build an offshore drilling platform. Aibel won the contract which includes engineering work, procurement and construction for the Johan Sverdrup field. The region has recoverable resources of 1.7 and 3 billion barrels of oil equivalent, according to Statoil. The field will account for roughly […]