Statoil to develop heavy oil field offshore UK
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[February 16, 2013]
OSLO, Norway (AP)
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Norwegian energy company Statoil ASA says it has received approval from the British government to develop the Mariner heavy oil field, the U.K.'s largest new offshore development in more than a decade.Statoil says it expects production to last 30 years starting in 2017, with an estimated initial daily output of 55,000 barrels.
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