StatoilHydro slashes Troll A spend

Norwegian giant StatoilHydro has ditched part of its Troll field project, slashing Nkr3.8 billion ($543.1 million) from the project's budget, reining in spending in the face of low oil prices and higher costs.

Rethink: as StatoilHydro cuts costs on the Troll A project
Rethink: as StatoilHydro cuts costs on the Troll A project
Published 18 February 2009, 09:30Updated 11 October 2016, 09:47
Europe