Trestakk PDO approved

摘要

The Norwegian authorities have approved the Plan for Development and Operation (PDO) of the Statoil-operated Trestakk discovery on the Halten Bank in the Norwegian Sea. The investment required for Trestakk is estimated at US $640.7m (NOK 5.5 Bn), said Statoil, adding: "The costs of developing the Trestakk discovery have been reduced by nearly 50% since project start-up."