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Statoil (STO -0.5%) reveals a new strategy for delivering oil from the Barents Sea, involving...
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Tuesday, February 12, 9:48 AM ETStatoil (STO -0.5%) reveals a new strategy for delivering oil from the Barents Sea, involving construction of a 280-km pipeline and a terminal in northern Norway which would receive production from the recently discovered Skrugard and Havis fields. Just seven km apart, the two fields have combined resources estimated at 400M-600M boe. No word on how much the development will cost.
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