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Provider: ValuEngine, Inc.
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Statoil ASA Shuts Troll C Platform Shared with Petoro, Shell, Total SA and ConocoPhillips Due to Corrosion-Reuters


Thursday, 15 Nov 2012 08:10am EST 

Reuters reported that Statoil ASA has shut its Troll C oil and gas platform after discovering corrosion in the auxiliary system for gas treatment. Troll C has a daily production of approximately 120,000 barrels of oil and 10.5 million cubic meters of gas. Shareholders of the Troll C field are apart from the Company which owns 30.6%, Petoro (56%), Shell (8.1%), Total SA (3.69%) and ConocoPhillips (1.62%). 

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48.03
-0.06 -0.12%
1 Aug 2014