Oil discovery in the Barents Sea

Austrian company OMV has made a discovery of up to 50 million barrels of oil in one of the northernmost licenses in the Barents Sea.

The third drilling in license 537 in Norway has resulted in a minor discovery for Astria-based OMV, which has a share of 25% of the license, in which Petoro, Idemitsu, Tullow and Statoil also own shares,

Already a subscriber?Log in here

Read the whole article

Get access for 7 days for free. No credit card is needed, and you will not be automatically signed up for a paid subscription after the free trial.

With your free trial you get:

  • Access all locked articles
  • Receive our daily newsletters
  • Access our app
Must contain at least 6 characters
Must contain at least 2 characters
Must contain at least 2 characters

Get full access for you and your coworkers

Start a free company trial today

Share article

Sign up for our newsletter

Stay ahead of development by receiving our newsletter on the latest sector knowledge.

Newsletter terms

Front page now

Further reading