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Total: Martin Linge Startup Delayed Until 2019

Posted by July 6, 2017

Total said on Thursday that the start of production at the Martin Linge oil and gas field located in the North Sea off the coast of Norway has been delayed following a previously-reported accident.
 
Total said the start of production had now been pushed back to the first half of 2019 from later this year. Total holds a 51 percent stake in the field, Petoro owns 30 percent while Statoil (STO) holds 19 percent.
 
The delay follows an accident in May, when six people died and more than 20 were injured after a crane collapsed onto a section of the platform under construction at a Samsung Heavy Industries (010140.KS) shipyard in Geoje.
 

That accident had affected delivery of the platform.

 

Reporting by Sudip Kar-Gupta 

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