Satatoil becomes operator of the Martin Linge field and Garantiana discovery
Published by Laura Dean,
Deputy Editor
Oilfield Technology,
Statoil and Total have completed their previously announced transaction whereby Statoil has acquired Total’s equity stakes in, and taken over the operatorships of, the Martin Linge field and the Garantiana discovery on the Norwegian continental shelf.
Statoil now has a 70% interest in Martin Linge and 40% in Garantiana. 121 employees from Total have been transferred over to Statoil in accordance with the Sale and Purchase Agreement and applicable legislation.
Read the article online at: https://www.oilfieldtechnology.com/drilling-and-production/20032018/satatoil-becomes-operator-of-the-martin-linge-field-and-garantiana-discovery/
You might also like
Rhino Resources and Halliburton to sign contract for integrated deep-water services offshore Namibia
Halliburton Company has announced it has been awarded a deep water integrated multi-well construction contract by Rhino Resources, a private company engaged in both onshore and offshore energy exploration in Africa.