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Green light for Snøhvit 

May 31, 2002, 23:00 CEST

Based on the information received from the Efta Surveillance Authorities (ESA) 31 May, the Snøhvit partners are preparing to proceed with the Snøhvit project.

The partners in Snøhvit, with Statoil as operator, resolved on 21 March to halt work on the project at Melkøya outside Hammerfest in northern Norway until the ESA had clarified the framework terms.

Activity at the Melkøya site will now be resumed as quickly as possible, reports Snøhvit project director Egil Gjesteland.

Snøhvit licensees holding individual sales deals with customers in the USA and Spain have been able to remove conditional clauses in their contracts.

“We’re relieved at this clarification and look forward to getting the project restarted,” says Mr Gjesteland.