Norway Renews Commitment to Offshore Oil & Gas With 57 New E&P Leases
Though Norway may be known best for leadership in green solutions like electric ferries and carbon sequestration, it remains firmly committed to oil and gas E&P, its energy minister reaffirmed this week. The ministry has just approved 57 new offshore energy licenses in the North Sea, Norwegian Sea and Bering Sea, which will help to extend the time horizon of its regional leadership in energy production. "Norway is Europe’s most important energy supplier, but in a few years production will...
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