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    1. Field Development

    Gullfaks modified ahead of subsea compression

    July 9, 2012
    Statoil (OSE:STL;NYSE:STO) has contracted Apply Sørco for topside modifications on the Gullfaks C platform in the Norwegian North Sea.

    Offshore staff

    STAVANGER, Norway – Statoil (OSE:STL;NYSE:STO) has contracted Apply Sørco for topside modifications on the Gullfaks C platform in the Norwegian North Sea.

    The $61-million program is needed to accommodatesubsea wet gas compression that will increase recovery from the Gullfaks South reservoir by 22 MMboe.

    7/9/2012

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