Norway grants drilling rights closer to protected Arctic waters

Norway issues several new oil licenses north of the 74th parallel. “The opening of new exploration acreage is a precondition

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First Arctic well in 4 years draws no oil for Norway’s Aker BP

Aker BP made only a minor discovery of natural gas at the Svanefjell prospect in the Barents Sea. It was

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Bad prospects may slow down Statoil in Norway’s Barents

Two of the planned exploration wells are located near Norway’s maritime border to Russia, but Statoil can’t say if both

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