iBankCoin
Joined Nov 11, 2007
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Norway Production Fears Unwarranted As Government Crushes Strike

OSLO (Reuters) – Norway’s Statoil (STL.OL) plans the immediate restart all of its production on the Norwegian continental shelf, including output at its Oseberg field, after the government stopped a strike of offshore workers, the company said on Tuesday.

“It may take from 1 to 2 days to get production started and Statoil expects to have the fields back in full production within a week,” the company said in a statement.

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