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Statoil (STO) is slapped with an improvement order by Norway’s safety watchdog after a...

Statoil (STO) is slapped with an improvement order by Norway’s safety watchdog after a serious gas leak at its Heimdal platform last year. The action follows a probe by the Petroleum Safety Authority that uncovered “serious regulatory breaches” by STO, which led to the incident in which 3,500 kg of gas escaped, creating a potentially combustible cloud around the facility.
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