Statoil (STO) brings on stream its third fast-track field project off Norway after launching...

|About: Statoil ASA (STO)|By:, SA News Editor

Statoil (STObrings on stream its third fast-track field project off Norway after launching production from the Vigdis North East oilfield in the North Sea. STO aims to halve the time taken to bring a field into development from around five years and is looking to have five fast-track projects up and running this year.