
Oil exploration in Norway's Arctic seems to have lost some of its appeal after a disappointing drilling campaign.
Only 11 companies applied for exploration licenses in the latest round -- the nation's 24th -- which focused heavily on the Barents Sea, the Petroleum and Energy Ministry said in a statement on its website on Tuesday. That's down from 26 in the previous offering and the lowest level since at least 2002, according to records available on the government's website.
Already a subscriber? Log in.
Read the whole article
Get access for 14 days for free.
No credit card is needed, and you will not be automatically signed up for a paid subscription after the free trial.
- Access all locked articles
- Receive our daily newsletters
- Access our app