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A record number of oil companies have applied for production licenses in mature areas offshore...

  • Friday, September 7, 2012, 2:47 PM ET
    A record number of oil companies have applied for production licenses in mature areas offshore Norway, where total investments are expected to set a record 204B kroner ($35B) in 2013. High oil prices have boosted exploration activity, and the number of applications shows companies still want to explore predefined areas in the North Sea, Norwegian Sea and Barents Sea.
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This news story has 3 comments:

  •  
    I am long and overweight Statoil -- because no major oil and gas producer is more experienced or successful in these cold deep waters than STO.
    7 Sep 2012, 02:56 PM Reply Like
  •  
    STO is a fine, wonderful company, run by competent people from a very decent country with good public policies, friendly to investments.
    Ideal place to put your money!
    7 Sep 2012, 10:10 PM Reply Like
  •  
    Statoil and Norway, each one complimenting the other, best in class.
    Taras Bulba (nom de plume for Taras Bunka)
    10 Sep 2012, 04:21 AM Reply Like
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