Statoil and its partners are considering developing the Skrugard discovery in the Barents Sea by means of a floating production unit with the additional capacity to process and transport from other prospects in the area. A feasibility study has identified a technical and commercial solution for the Skrugard field in the Barents Sea. The solution involving a floating production unit will result in the rapid and cost-efficient development of the discovery. The production unit will have separate oil storage and offshore loading capability with a production capacity of 95…