Statoils Barent Sea Development Concept

Statoil and its partners have chosen a concept for the Skrugard development in the Barents Sea that includes a floating production unit with a pipeline to shore and a terminal for oil from the Skrugard field at Veidnes outside Honningsvåg in Finnmark. Statoil’s Øystein Michelsen, executive vice president for Development and Production Norway (DPN), said the field is scheduled to come on stream in 2018.