Statoil becomes operator of the Martin Linge field and Garantiana discovery

March 19, 2018 15:57 CET | Last modified January 16, 2019 12:22 CET
Martin Linge field illustration

Statoil and Total have completed their previously announced transaction whereby Statoil has acquired Total’s equity stakes in, and taken over the operatorships of, the Martin Linge field and the Garantiana discovery on the Norwegian continental shelf.

Statoil now has a 70% interest in Martin Linge and 40% in Garantiana. 121 employees from Total have been transferred over to Statoil in accordance with the Sale and Purchase Agreement and applicable legislation.

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