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Statoil (STO) reportedly is targeting $3.6B (NOK20B) in additional investments on its Gullfaks...

Statoil (STO) reportedly is targeting $3.6B (NOK20B) in additional investments on its Gullfaks field off Norway as it seeks to boost recovery and curb the risk of further leaks from the high-pressure reservoir. STO already is pumping NOK15B into four projects at the North Sea field with the aim of extracting another 142M boe and extending its producing life.
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