March 27, 2017 / 8:44 AM / 4 months ago

RPT-BRIEF-Statoil presents $2.4 bln oil/gas projects offshore Norway

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(Repeats to attach to additional alert)

March 27 (Reuters) - Statoil Asa

* Submits development plan for Norway's Bauge oilfield

* Submits plan to extend Njord oil and gas field lifetime

* Statoil says the combined capital expenditures for the fields total NOK 19.8 billion ($2.35 billion) (Njord NOK 15.7 billion, and Bauge NOK 4.1 billion)

* Production startup seen in late 2020 for both projects Source text: bit.ly/2omVWKX Further company coverage: ($1 = 8.4319 Norwegian crowns)

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