Statoil’s trestakk development plan approved by norwegian
STAVANGER — Norwegian government bodies have approved the program for Development and Operation (PDO) from the Trestakk discovery around the Halten Bank within the Norwegian Ocean. Investments are calculated at NOK 5.5 billion, nearly half from the original estimate. Trestakk is discovered in 1986, and expected recoverable volumes are 76 MMboe, mainly oil. Tied in …