Norway Says Only ‘Chance’ Averted Statoil Gullfaks Well Blowout

Only “chance” averted a full-scale blowout or explosion during a pressure surge at Statoil ASA’s Gullfaks field in May, Norway’s Petroleum Safety Authority said.
Norway’s largest oil company was ordered to investigate why deficiencies weren’t picked up and why assessments of similar earlier incidents didn’t have an effect on safety at Gullfaks, the Stavanger-based agency said today in a statement. The first deadline to implement the orders is next month.
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Source: Bloomberg