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Statoil (STO) and its partners are set to invest NOK31B ($5.6B) to bring the Dagny field in the...

Statoil (STO) and its partners are set to invest NOK31B ($5.6B) to bring the Dagny field in the North Sea into production after submitting a development plan to the Norwegian authorities. STO plans to use a fixed platform that will be tied into the Sleipner field for gas export, with recoverable reserves estimated at 225M boe.
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