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Statoil Gullfaks subsea compression unit awarded to Framo

Framo Engineering is now part of Schlumberger to create a subsea process and boosting system capable of meeting the demands of the subsea environment and changing flow conditions over the life of a...

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Statoil tenders new rigs to target 60% oil recovery

Statoil to build IOR center and redefine drilling rigs Statoil leads the world on recovery rate in exceeding for the first time an average of 50% in 2011. By comparison the global oil recovery rate is...

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