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EUROPE

Key Statoil wins

CONTRACTS are expected to flow after Statoil made a key investment decision on its Smorbukk South Extension project, while the company has also been named as the highest bidder for 15 leases in the US Gulf of Mexico.

Noel Dyson
Key Statoil wins

Smorbukk South Extension holds estimated recoverable reserves of 16.5 million barrels of oil equivalent. It will be developed with a new subsea template connected to existing infrastructure in the area....

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