British Ministry of Energy and Climate Change.

The Norwegian company Statoil is investing a total of eighteen billion pounds (more than twenty-eight billion dollars) in the development of British oil Mariner and Bressay in the North Sea .Appropriate arrangements made ​​June seven , British Prime Minister David Cameron and his Norwegian counterpart Jens Stoltenberg (Jens Stoltenberg).This was reported in the press release the British Ministry of Energy and Climate Change.Recoverable reserves of Mariner and Bressay are estimated at five hundred-eight hundred million barrels of oil equivalent.By investing in the UK Statoil will create a thousand jobs.The Norwegians have also signed a memorandum of understanding with the British Centrica, extending cooperation between companies.The new arrangements are based on the agreement reached in November last year , according to which Statoil will deliver years of two thousand and fifteen-two thousand and twenty-five five billion cubic meters of gas for a total of thirteen billion pounds.In addition to an agreement with Statoil, announced the development of cooperation with a Norwegian engineering company Aker Solutions, which resulted in the plan to create one thousand, three hundred jobs by two thousand and fifteen .On the development of energy cooperation between the two countries became known during his visit to Oslo Cameron , who became the first head of the British Cabinet visit to Norway for the last quarter century.Oslo, which is the largest energy supplier in Europe after Russia, working with London in the energy sector for decades.Norway and the UK are developing including projects to develop renewable energy , the largest of which is a park of windmills at the sandbar Dogger Bank in the North Sea .