NEWS ARCHIVE

Statoil takes Mariner plunge

NORWEGIAN oil giant Statoil has taken the $US7 billion ($A6.7 billion) investment decision to develop the Mariner oil field in the UK North Sea.

Noel Dyson

It is being touted as the largest new offshore development in the UK in more than a decade. The Mariner field was discovered in 1981. Statoil entered the licence as operator in 2007. Pending final...

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