Statoil steps up Barents Sea drilling

Offshore staff

OSLO, Norway – Statoil has approval from the Norwegian Petroleum Directorate for a wildcat well in the Barents Sea.

The semisubmersible Transocean Spitsbergen will drill well 7325/1-1, the second in production license 615, which was awarded in 2011 under Norway’s 21st licensing round. It spans blocks 7324/1, 2, 3, and 7325/1.

Co-licensees are ConocoPhillips Scandinavia, OMV (Norge), and Petoro.

06/19/2014

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