NPD’s IOR prize to Åsgard licence

Director General of the Norwegian Petroleum Directorate (NPD), Bente Nylund, announced at the ONS 2016 Tuesday that the Åsgard licence was awarded the NPD’s prize for improved oil recovery (IOR) for their Åsgard subsea gas compression effort.
“The IOR prize has been given in recognition of their creativity, perseverance and venturousness in applying methods and technology for improving oil and gas recovery. This year’s IOR prize is awarded to the Åsgard licence for the licensees’ courage, ability and will to invest in advanced technology that will strongly help raise the recovery from Åsgard,” says Nylund. …