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UK approves drilling at Statoil's Mariner
LONDON: Britain's energy ministry on Friday gave the go ahead for Statoil to drill the Mariner heavy oil field in the
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"Mariner will be one of the biggest projects ever in the North Sea and the 4.6 billion pound commitment over 40 years from Statoil is a vote of confidence in the future of UK oil and gas," Britain's Energy Secretary Edward Davey said in a statement.
At its peak, the Mariner field is expected to produce around 55,000 barrels of oil per day, 5 percent of Britain's daily production.