Huntington development moves forward
Stavanger, 27 August, 2008: Norwegian Energy Company ASA (Noreco - OSE:NOR), Oilexco, the operator of the Huntington field in UK, where Noreco owns a 20% share, has entered into a letter of intent with Bluewater for deployment of the Floating Production, Storage and Offloading vessel (FPSO) Glas Dowr at the Huntington field in the North Sea. - This brings the Huntington field closer to development, and we will now finalize a field development plan for the first phase of development, says Scott Kerr, CEO. The deployment of the Glas Dowr FPSO is subject to a final