Joanna + 68 JT January 16, 2018 Norway has awarded a record 75 offshore oil exploration licenses, to Statoil, Aker BP Shell, Total and ConocoPhillips among others. The licenses comprised 45 in the North Sea, 22 in the Norwegian Sea and eight in the Barents Sea Quote Share this post Link to post Share on other sites
Stephen + 67 SM January 16, 2018 fact is that Norway needs massive oil discoveries Quote Share this post Link to post Share on other sites
Joanna + 68 JT January 16, 2018 Right. I read that the country will be able to sustain its oil and gas production over the next five years. However, due the reduced exploration and lack of discoveries in the past two years will spell trouble for them after 2023 Quote Share this post Link to post Share on other sites
JohnAtronis + 78 JA January 16, 2018 Sounds like brokers trying to gain stock after the rise in prices and the consensus to make higher oil prices after hammering Russia, Venezuela and Middle East with fracking oil. Quote Share this post Link to post Share on other sites
Meanwhile + 49 PT January 16, 2018 Norway is not all about oil and gas. It has done very well on hydro, and has a great solar multinational as well. Quote Share this post Link to post Share on other sites
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