Statoil’s new Gudrun project cheers the offshore industry

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Statoil’s decision to develop the new oil and gas field called Gudrun, in the North Sea, is welcome news to Norway’s hard-pressed offshore industry. Statoil convinced its partners GDF Suez and Marathon to move forward with the project, expected to cost around NOK 21 billion and subject to approval by the Parliament. It holds the promise of lots of new work for offshore companies, and Aker Solutions already has snared one contract to build the steel foundation for Gudrun at its Aker Verdal yard. The Gudrun field, 55 kilometers north of Sleipner (photo) is expected to yield 132 million barrels of oil plus gas.

By Views and News staff