News, Oil & Gas

Norway’s oil adventure continues in Northern Norway

Statoil has today announced its development concept for oil from the Skrugard field in the Barents Sea. The concept involves constructing an onshore terminal at Veidnes outside Honningsvåg in Finnmark.

“This concept represents an important, forward-looking step towards the development of a third field in the Barents Sea. I am very pleased that the companies have chosen an onshore solution for oil transportation that will also be usable in the event of further oil discoveries in the promising Skrugard area. Today’s decision will generate employment in Northern Norway, and is further concrete evidence of the local and regional ripple effects of offshore petroleum activity,” says Minister of Petroleum and Energy Ola Borten Moe (Centre Party).

Read more about Statoil’s planned onshore terminal at Veidnes.

Minister of Petroleum and Energy Ola Borten Moe invited Statoil and politicians from Northern Norway to celebrate the announcement of the development concept for oil from Skrugard. From the left: Minister Karl Eirik Schjøtt-Pedersen, Minister of Petroleum and Energy Ola Borten Moe, Ivar Aasheim, Statoil’s senior vice president for field development on the Norwegian continental shelf, and Audun Kjellsen, project director for the onshore terminal in Finnmark. (Lise Rist/OED)

 


Celebrating the continuation of Norway’s oil adventure in Northern Norway.(Lise Rist/OED)

 

Statoil Executive Vice President Øystein Michelsen and Kristina Hansen, mayor of Nordkapp municipality, marked the announcement of the development concept at Veidnes today.