25 April 2024
Statoil to begin low pressure production at Njord
Publication date: 23 June 2011
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Statoil and its partners have decided to invest in lowpressure production at its oil and gas field Njord, the Norwegian major announced on Wednesday. Set to begin at the end of 2012, the move would prolong the lifetime of the oil-rich field by to 2020, and increase the recovery rate from 23% to 30%.