Johan Sverdrup, the most important oil discovery in Norway in decades, could yield a recovery rate as high as 70 percent, according to Statoil, the
Tag: Oil and Gas industry in Norway
Norwegian Statoil to continue exploration off Newfoundland
Norway‘s largest energy company Statoil recently expressed its interest in pursuing exploration for oil and gas off the east coast of Canada. The oil company announced
Norwegian Oil Company Statoil invited to invest in Iran’s oil and gas sector
Norway was one of the six countries invited to invest in Iran‘s oil and gas sector. Iran holds the world‘s third largest proven oil reserves
Rise in Oil Resources in Norway
The Norwegian Petroleum Directorate (NPD) recently increased its estimate of undiscovered recoverable oil and gas resources in Norway. The increase was 16% to 18.74 billion