Equinor Brings Shell Into $14 Billion Bay du Nord Project
Shell has agreed to acquire a 30% stake in Equinor’s Bay du Nord offshore oil project in Canada, bringing a new partner into the estimated C$14 billion development as it...
Troll C platform, Image (c) Øyvind Hagen – Statoil ASA
Since Sunday, Statoil’s Troll C floating process and accommodation platform has been shut down after an inspection revealed corrosion damage to a pipe connected to the oil export system.
Statoil expects the platform will lose 7 days of production while the corroded pipe is replaced. The company notes that this steel-hulled platform has a daily equity production of some 58,000 barrels of oil, and exports 8 million cubic meters of gas. In addition some 34,000 barrels of oil and 2 million cubic metres of gas are transported from the Fram field through the Troll C platform.
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