Norway: Statoil announces delay to Snorre 2040 project schedule

Otmane El Rhazi from Energy-pedia regional news: Europe / Caspian / CIS.

Statoil reports that the Snorre partnership has decided to adjust the schedule for the ongoing Snorre 2040 project by postponing the planned date for DG2 from March 2015 to October 2015. There is no change in the timing of the final investment decision (DG3) and production start-up (DG4), which are planned for Q4 2016 and Q4 2021, respectively.