And finally we are maturing our project portfolio. We signed the pre-unitization agreement on the Johan Sverdrup and that means that we are operator up to the PDO approval. We started production on Marulk where Eni is the operator and Marulk is connected to the Norne FPSO.We also put together or put a subsea tieback project Smorbukk North-East in production, that’s only 30 months after discovery. That’s a satellite to Åsgard B. All PDOs for Skuld and Åsgard Subsea Compression were approved and finally first oil was produced from Caesar Tonga in the Gulf of Mexico that was one month earlier than planned and a great job there by the operator Anadarko. So we are making progress and we will move ahead as planned. So over to production.
Statoil Management Discusses Q1 2012 Results - Earnings Call Transcript
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