Statoil looking to new technology to save costs
With the industry facing tightened purse strings, Norwegian energy company Statoil said it was examining plug-and-play concepts of field development. The company unveiled the so-called Cap-X subsea development concept at a Barents Sea energy conference in Hammerfest, Norway. Jez Averty, a vice president in charge of exploration strategies for Statoil, ... Read More »