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Norway will reopen Barents Sea for drilling exploration

2016-05-20 02:19:00| Climate Ark Climate Change & Global Warming Newsfeed

Grist: Norway has just announced that it will begin issuing drilling licenses to oil companies looking to cash in in the Arctic - after two decades of declining their advances. Today, we are opening a new chapter in the history of the Norwegian petroleum industry," said petroleum and energy minister Tord Lien in a statement. For the first time in 20 years, we offer new acreage for exploration. This will contribute to employment, growth and value creation in Norway. Northern Norway is now in the forefront...

Tags: sea norway exploration drilling

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