'Costs issue' at Mongstad CCS test facility

Presitge project: the Mongstad carbon capture test facility

Statoil is reported to be looking to slash costs on loss-making onshore oil and gas facilities in Norway over the next few years, with the recently opened carbon capture technology test facility at Mongstad also said to be a possible target for cutbacks.


Become an Upstream member!

Membership includes a subscription to our weekly newspaper providing in-depth news from the energy industry, plus full-access to this site and its archives. Still not convinced? Try our free trial.

Already a member?