UK: Statoil Back on Track with Mariner and Bressay.
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Bressay still 'parked', admits Statoil Future of heavy-oil development uncertain as operator looks for experience on more advanced Mariner scheme 6 July 2017 2:20 GMT Updated 6 July 2017 2:20 GMT.
Statoil, Shell’s partner in Ormen Lange, has gone down a similar path, delaying an investment decision on the Johan Castberg project in the Norwegian Barents Sea and deferring the Bressay heavy.
On the UKCS, Statoil is the operator of the Mariner field, currently under development, and the Bressay project, which is in the concept evaluation phase. The company is also a partner in the Alba and Jupiter fields. In Ireland Statoil is a partner in the Corrib project.
The Bentley Oil Field is a heavy oil field located on the East Shetland Platform in the UK Northern North Sea, 8 kilometres (5.0 mi) southeast of the Bressay Field (operator: Statoil), 15 kilometres (9.3 mi) east of the Kraken Field (operator: EnQuest) and 20 kilometres (12 mi) north-northeast of the Bruce Field (operator: BP). History. The Bentley Field, located on the UK continental shelf in.
Equinor ASA (formerly Statoil and StatoilHydro) is a Norwegian state-owned multinational energy company headquartered in Stavanger.It is primarily a petroleum company, operating in 36 countries with some investments in renewable energy.By revenue, while under Statoil name, Equinor was ranked by Forbes Magazine (2013) as the world's eleventh largest oil and gas company and the twenty-sixth.
Since Statoil entered in 2007, the company has developed a leading heavy oil position in the area, being operator with 65.11% equity in Mariner and 81.6% equity in the Bressay field. Statoil expects to make a final investment decision for Bressay in 2013. Through applying technology and competence, the value of Statoil’s position in the area.