Statoil ASA and Schlumberger Information Solutions (SIS)Trondheim and London, respectively, have announced a three-year collaboration agreement to develop new production optimization technologies to extend the life of oil and gas fields. Field tests will be conducted in fields with smart wells, instrumented wells, and a high-quality communication infrastructure. Statoil will identify and execute pilots on the Norwegian continental shelf.Statoil is an integrated oil and gas company with over 25,000 employees and activities in 31 countries.Schlumberger is a leading oil field services company employing more than 64,000 people in over 80 countries.GeotraceHouston, has announced the appointmen...

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