Gullfaks modified ahead of subsea compression

July 9, 2012
Statoil (OSE:STL;NYSE:STO) has contracted Apply Sørco for topside modifications on the Gullfaks C platform in the Norwegian North Sea.

Offshore staff

STAVANGER, Norway – Statoil (OSE:STL;NYSE:STO) has contracted Apply Sørco for topside modifications on the Gullfaks C platform in the Norwegian North Sea.

The $61-million program is needed to accommodatesubsea wet gas compression that will increase recovery from the Gullfaks South reservoir by 22 MMboe.

7/9/2012