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Drilling & production - 21 December 2016

Powering the future

How changing umbilical and cable designs support cost-effective deepwater production, by James Young, at JDR.

 

Statoil: 1 billion bbls from Troll B

Troll B has produced 1 billion bbls of oil equivalent since it came on stream on 19 September 1995. Troll B and C combined have been the largest oil producer on the Norwegian continental shelf for the last three years.

 

Statoil granted drilling permit

The Norwegian Petroleum Directorate has granted Statoil Petroleum AS a drilling permit for well 16/2-22 S, cf. Section 8 of the Resource Management Regulations.

 

Obama bans oil drilling in Arctic waters

President Barack Obama has permanently banned offshore oil and gas drilling in the 'vast majority' of US-owned northern waters in a move to protect the region from the upcoming Donald Trump administration.