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.