Statoil pumps £4bn into North Sea oil field

Norwegian energy giant Statoil is pouring £4billion into a project in the Mariner oil field in the North Sea. It is the largest new offshore development in the UK in more than a decade. Around 150km east of the Shetland Isles, Statoil expects the field to produce for 30 years, pumping out 55,000 barrels of […]