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News / New oil field east of Shetland

Shetland News @shetnews

STATOIL is developing the Mariner oil field, 90 miles east of Shetland, investing £4.3 billion.

Discovered 30 years ago, Mariner has until now been too complex to develop, and is the largest development in the North Sea for a decade.

The Norwegian company said the field has reserves of 250 million barrels and should produce around 55,000 barrels a day staring in 2017. The

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