Reuters reported that in 2013 Norway's Statoil plans to drill nine exploration wells in the Barents Sea in an attempt to discover more finds like the Skrugard and Havis oilfields.
Articles Tagged "NYSE:STO"
Statoil (NYSE:STO) announced its results for the first quarter of 2012.
Although overshadowed by the Alberta oil sands, offshore drilling on Canada’s east coast holds some interesting prospects.
International Energy Agency last week indicated that “three digit oil prices risk damaging” the economic recovery, offering a message that OPEC should raise output; however, OPEC responded the same day by saying that global supplies are sufficient to meet demand.