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The frozen north is the last frontier for oil explorers, so perhaps it's no surprise that the...

The frozen north is the last frontier for oil explorers, so perhaps it's no surprise that the greatest interest in Norway’s latest licensing round was for the Barents Sea. BP, Conoco (COP), Eni (E), Statoil (STO) and Total (TOT) were among those applying for production licenses. In October, Eni made a gas condensate discovery of up to 41M boe at a Barents Sea prospect.
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