Skip to main content

Satatoil becomes operator of the Martin Linge field and Garantiana discovery

Published by
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/

 

Embed article link: (copy the HTML code below):


 

This article has been tagged under the following:

Upstream news North Sea oil news