Statoil recognized for technology
  by: OilOnline
  Monday, August 12, 2002

Norway's Statoil won the World Petroleum Congress' technology prize for 2002. The group was cited for its underground injection of carbon dioxide at the Sleipner West field in the North Sea. The prize will be awarded during the 17th World Petroleum Congress to be held in Rio de Janeiro in September. Statoil sees the award as recognition for its work to develop technology that makes it possible to carry out operations without causing harm to the environment. Through the removal and injection of carbon dioxide from the gas produced on the Sleipner West field, emissions of greenhouse gas to the air are reduced by about one million tons per year. Statoil's project began with preliminary studies in 1990 and was put into operation in 1996. Plans call for this technology to be used later in the planned Snohvit field in the Barents Sea.