Printer Friendly

Statoil forms JV for North Sea oil export pipeline.

Statoil and its partners have made the investment decision for a joint oil export solution for the Edvard Grieg and Ivar Aasen fields. The oil will be transported via a 26.7-mile pipeline from Edvard Grieg to the Grane oil pipeline and then on to Sture.

The transport solution is a precondition for developing the Edvard Grieg (operated by Lundin) and Ivar Aasen (operated by Det norske oljeselskap) fields. Edvard Grieg is scheduled to start producing in 2015 and Ivar Aasen in 2016. The new pipeline will be called the Edvard Grieg oil pipeline. Statoil is a partner in both fields and operator for the joint venture for oil transport.
COPYRIGHT 2013 Oildom Publishing Company of Texas, Inc.
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2013 Gale, Cengage Learning. All rights reserved.

Article Details
Printer friendly Cite/link Email Feedback
Title Annotation:International
Publication:Pipeline & Gas Journal
Date:Aug 1, 2013
Words:110
Previous Article:Jordan in talks to make gas deal with Israel.
Next Article:Australia's LNG investors: don't expect government help.
Topics:

Terms of use | Privacy policy | Copyright © 2019 Farlex, Inc. | Feedback | For webmasters