Petroleum Economist
Norway: come and drill in the Barents Sea
The 19th licensing round, opened in June, signals an acceleration of work in the icy Barents Sea – described by the energy minister as potentially "the most important petroleum province in Europe". As the search moves from low-key to high-profile, there are hints that the first Barents Sea development – Statoil's Snøhvit LNG facility, due in production next year – will be expanded, Martin Quinlan writes