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On Monday minister of petroleum and energy Tord Lien together with Statoil (ticker: STO), Centrica (ticker: CNA) and ExxonMobil (ticker: XOM) celebrated the 5 billion barrels of oil equivalent delivered by Statfjord since first oil in 1979.

The minister got the honor of filling the barrel, which was decorated in golden color for the occasion.

“The spin-offs created by Statfjord can hardly be exaggerated. Generating more than NOK 1500 billion (US$181 billion) in revenues and 200,000 direct and indirect man-years since the 1970s, the fi...


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