Eurasia Journal News

Statoil: Launches Cap-X Subsea Field Development Concept to Reduce Subsea Costs

At the Barents Sea Conference in Hammerfest today, a new subsea concept developed by Statoil was presented by Margareth Øvrum, executive vice president for technology, projects and drilling in Statoil. The new subsea solution is called Cap-X. “Once again we aim to drive subsea technology development on the Norwegian continental …

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