Big disappointment for Statoil in the Barents Sea

It has been named one of the potentially most interesting areas for oil exploration in northernmost Norway. But the first exploratory results have proved a huge disappointment.
Photo: Ole Jørgen Bratland - Statoil
Photo: Ole Jørgen Bratland - Statoil

The disappointment can be read between the lines in the stock exchange press release which Norwegian company Statoil issued regarding the results of this year's critical oil explorations.

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