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 in Barents Sea
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
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
Oil and Gas activity in the North of Norway
As western Europe’s largest oil and gas producer, Norway is now exploring the idea that up to 40% of its untapped resources could be in
