Statoil enters UK licence for Alfa Sentral project

On 2 October 2015, Statoil acquired First Oil’s 24% equity share in the UK licence for the Alfa Sentral field for USD 15 million.Alfa Sentral is a c.60 mmboe gas and condensate field planned to be developed as a tie-back to the existing infrastructure for Sleipner on the Norwegian Continental Shelf (NCS), which Statoil operates. Alfa Sentral will therefore increase the utilisation of the Sleipner facilities.