Norwegian firms to drill four new exploratory wells in Barents Sea

Feb 18, 2004 01:00 AM

Norwegian oil companies are planning to drill four new exploratory wells in the Barents Sea.
This could mean that nearly 20 % of the total exploratory activity on the Norwegian Shelf this year will take place off the Finnmark coast.

In addition, new areas for exploration have been released around the Snoehvit Field and Goliat, seven years after the last licences for oil and gas were awarded in the Barents Sea.
“We hope that in the next round, it will also be opened up for new exploratory drilling off the coast of Nordland and Troms”, says Per Terje Wold, CEO of the National Association of the Oil Industry.

Source: The Norway Post
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