Statoil pushes back production start-up at two offshore northwest Europe projects

Offshore staff

STAVANGER, Norway – Statoil and its partners have agreed to delay start-up of the Aasta Hansteen and Mariner fields in the Norwegian Sea and UK northern North Sea from 2017 to the second half of 2018.

Aasta Hansteen’s costs have risen by around 9% since submission of the original plan for development and operation. In addition, a currency effect of NOK 2.4 billion ($282 million) has lifted the total cost estimate to around NOK 37 billion ($4.34 billion).

For Mariner, the cost increase is slightly above 10% compared with the original development plan.

During the third quarter of Statoil’s current financial year, the company said it achieved two discoveries offshore Norway and one in the UK sector.


Share your news with Offshore at

Did You Like this Article? Get All the Energy Industry News Delivered to Your Inbox

Subscribe to an email newsletter today at no cost and receive the latest news and information.

 Subscribe Now


The Time is Right for Optimum Reliability: Capital-Intensive Industries and Asset Performance Management

Imagine a plant that is no longer at risk of a random shutdown. Imagine not worrying about losing...

Going Digital: The New Normal in Oil & Gas

In this whitepaper you will learn how Keystone Engineering, ONGC, and Saipem are using software t...

Maximizing Operational Excellence

In a recent survey conducted by PennEnergy Research, 70% of surveyed energy industry professional...

Leveraging the Power of Information in the Energy Industry

Information Governance is about more than compliance. It’s about using your information to drive ...