Statoil ASA (ADR) (NYSE:STO) has recently added the Visund North field to its portfolio where production has just started up. Visund North field is located in the North Sea and is prolific in both oil and gas.
Statoil’s fast track projects
Statoil ASA (ADR) (NYSE:STO) had earlier announced 12 fast track projects and Visund North is one of them. It is the sixth project to come online and follows the successes in Visund South. Visund North field contains total recoverable reserves of 29 million barrels of oil...


