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

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.
Comments (3)
  • Mercy Jimenez
    , contributor
    Comments (2383) | Send Message
     
    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
  • bakermre
    , contributor
    Comments (137) | Send Message
     
    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
  • Taras Bunka
    , contributor
    Comment (1) | Send Message
     
    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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