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Statoil Evacuating 374 Workers from Norwegian Sea Njord Field

Date : 11/07/2012 @ 3:52PM
Source : Dow Jones News
Stock : Statoil Asa (STO)
Quote : 22.61  0.0 (0.00%) @ 7:04PM
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Statoil Evacuating 374 Workers from Norwegian Sea Njord Field

Statoil Asa (NYSE:STO)
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   By Kjetil Malkenes Hovland 
 

OSLO--Norwegian oil and gas company Statoil ASA (STO) said Wednesday it was evacuating 374 workers from the Floatel Superior housing platform at the Njord field in the Norwegian Sea after it listed 4 degrees due to a hole in a ballast tank.

The personnel on the floating hotel are being evacuated to other installations nearby. An emergency vessel and six helicopters were mobilized to evacuate the workers to Kristiansund on the west coast of Norway after the leak, which happened around 03:40 local time.

The platform has been stabilized, and an anchor handling vessel is mobilized to inspect the damage on the floating hotel, Statoil said.

The Njord A field was closed for maintenance and is not currently producing or processing any oil and gas.

The field is operated by Statoil with a 20% stake. GDF Suez S.A. (GSZ.FR) has a 40% stake, E.ON AG has a 30% stake, Faroe Petroleum PLC (FPM.LN) a 7.5% stake and VNG Norge AS a 2.5% stake.

The floating hotel is operated by the company Floatel International.

Statoil shares traded 0.6% higher at NOK140.00.

Write to Kjetil Malkenes Hovland at kjetilmalkenes.hovland@dowjones.com

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