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Statoil invests NOK 5 billion for development of Snøhvit field category
March 13, 2018
Source: World Oil

Statoil invests NOK 5 billion for development of Snøhvit field

In a major move, Statoil and its partners will be investing over NOK 5 billion in the next level of development of the Snøhvit field in the Barents Sea. This field will provide feedstock for the LNG plant at Melkøya in Hammerfest with positive ripple effects in the area. This profitable investment would provide consistent supply of gas and will open up attractive employment opportunities in the region.

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