Statoil still sees Arctic potential but adopts stepwise approach
After purchasing some Chukchi Sea leases in 2008 and embarking on an exploration program in the region, in 2012 Statoil placed a hold on its Chukchi drilling plans. So, with the company announcing an 8 percent cut in its capital spending, following its recent earnings results, where does the company....
You must be logged in to view this story. Please either log in or subscribe.
Click here to subscribe to Petroleum News for as low as $69 per year.
Subscribers log in here to read the entire newspaper (1998 to 04/23/2014)
Print this story | Email it to an associate.
Petroleum News - Phone: 1-907 522-9469 - Fax: 1-907 522-9583
circulation@PetroleumNews.com --- http://www.petroleumnews.com ---
S U B S C R I B E
Copyright Petroleum Newspapers of Alaska, LLC (Petroleum News)(PNA)©2013 All rights reserved. The content of this article and web site may not be copied, replaced, distributed, published, displayed or transferred in any form or by any means except with the prior written permission of Petroleum Newspapers of Alaska, LLC (Petroleum News)(PNA). Copyright infringement is a violation of federal law subject to criminal and civil penalties.