Statoil Fined $4.3M Over 2007 Oil Spill

Law360, New York (December 18, 2009, 5:43 PM EST) -- Norwegian oil giant Statoil ASA revealed Friday that it had been slapped with a penalty of 25 million kroner ($4.3 million) over a December 2007 leak at its Statfjord A oil field that dumped 25,000 barrels of crude oil into the sea.

The company said it had received notification of the fine from the Rogaland county public prosecutor, and that “extensive improvements” had been implemented in the wake of the accident.

“We have noted the public prosecutor’s decision,” said Thorstein Hole, vice president for operations in...
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