Total Launches $4.2B Offshore Drilling Project In Norway

Law360, New York (February 2, 2012, 4:04 PM EST) -- French energy giant Total SA has launched a $4.2 billion offshore oil and gas project in Norway that is expected to become a major production site, Total announced Thursday.

Total is looking to boost production in Norway, already its leading production source, with the construction of a state-of-the-art wellhead and production platform at the Hild field in the Norwegian North Sea.

"The Hild field development is an important milestone for Total in Norway, made possible thanks to significant technological progress,” Total Senior Vice President Northern Europe...
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