Tag: Arctic

Statoil to drill in the Barents Sea

Statoil, a multinational oil and gas company with many offices across the Americas, has received consent from the Petroleum Safety Authority Norway to drill exploration well 7317/9-1 in a prospect named Koigen Central in the Norwegian Arctic.

Shell approved to drill in Arctic

The Bureau of Safety and Environmental Enforcement’s (BSEE) Director Brian Salerno has announced that Shell has received approval of one Application for Permit to Modify (APM) to conduct exploratory drilling activities into potential oil-bearing zones offshore Alaska at one of the wells at the Burger prospect, Burger J.

Rosneft & ExxonMobil finalize joint venture

   Rosneft, Russian state oil firm, has finalized a joint venture with Exxon Mobil.