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Statoil slashes Castberg development costs again

Operator takes break-even price for Barents Sea project down to $31 per barrel

Approval: Norway’s Minister of Petroleum & Energy Terje Soviknes hailed Statoil’s efforts to cut costs at Johan Castberg as a ‘stellar’ example of what can be achieved
Approval: Norway’s Minister of Petroleum & Energy Terje Soviknes hailed Statoil’s efforts to cut costs at Johan Castberg as a ‘stellar’ example of what can be achieved
Oslo
Published 12 April 2018, 23:00Updated 13 April 2018, 09:21
Western EuropeEuropeAker SolutionsBarents SeaKvaerner