Statoil plans to drill five to six wells in Arctic Barents Sea in 2018
November 28, 2017 | Drilling / Completions, Exploration / Discoveries, North Sea & Western Europe
London, UK | – Norwegian multinational oil and gas company and the world’s largest offshore operator, Statoil will continue to drill for oil in the Arctic Barents Sea next year even though its 2017 campaign was mostly disappointing, the company’s head of exploration told Reuters on Nov. 28. Statoil plans to drill between 25 and 30 wells in Norwegian waters in 2018. Of these wells five or six are expected in the Barents and the rest will be split between the North Sea and the …