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Arctic Goliat Oil Field Resumes Operations

Oil

Italian oil company Eni restarted its 100K b/d Arctic Goliat Oil Field in Norway, newswires report. The field had been closed since 6 October, when Norway’s safety regulator shut it down due to safety issues related to the platform’s explosion-proof electric motors. Norway’s crude oil production in October stood at 1.56M b/d, up 6.8% m-o-m but down 11% y-o-y, according to JODI.