Maersk starts oil hunt in the Norwegian Sea

Maersk Oil has secured permission to drill for around 100 million barrels of oil in the Tvillingen Syd license. Production from the field can begin in four to five years if Maersk strikes oil.

Photo: Maersk Oil

Maersk Oil Norway has received a go-ahead to perform initial test drillings in the Tvillingen Syd field in the Norwegian Sea, says the Norwegian Petroleum Directorate in a statement.

This will be the first drilling in the PL-510 license, in which Maersk Oil owns a 50 percent stake alongside Edison and North Energy, with 30 percent and 20 percent, respectively.

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