Norway's StatoilHydro started oil production at the Agbami field offshore Nigeria and is is expected to reach plateau production of 250,000 barrels of oil a day by late 2009.
Total field reserves are estimated at around 900 million barrels oil equivalents.
StatoilHydro has an 18.85 % stake in the field.
Chevron has a 68.15% interest and Petrobras holds the remaining 13%. The field lies approximately 110 kilometres off the Nigerian coastline.
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StatoilHydro Started Oil Production Offshore Nigeria
The Agbami field offshore Nigeria, in which StatoilHydro is part owner