New oil and gas discovery in the Norwegian Sea

Recoverable resources so far have been estimated at between three million and 4.2m standard cubic metres of oil equivalent

Norway revises sea management plans to protect marine life from oil and gas activity

The new plans propose a boundary shift of oil and gas activities southwardly in the Barents Sea, away from the biologically rich ocean areas in the Arctic

Statoil’s major gas field plans in Norwegian Sea

Statoil and its partners have submitted plans for the installation and operation of a major gas field project in the Norwegian Sea for Government approval. The Aasta Hansteen field, which includes a deep-water development, is estimated to contain around 47 billion standard cubic meters of gas and produce 130,000 barrels equivalent per day. It is […]