Statoil: Kristin Oil, Gas Output Steady to Avoid Risks Date: Tuesday, October 31 @ 01:33:12 PST Topic: Production; Extraction; Exploration
Statoil ASA (STO) is producing oil and gas at its Kristin field in the Norwegian Sea at a slower-than-expected rate in order to mitigate against the risk of collapsed reservoirs, the company's chief financial officer said Monday.
