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Norway opens new Arctic zones to oil exploration

  • May 18, 2016

Norway awarded Wednesday Arctic drilling licenses to 13 oil companies, including in a hitherto unexplored partial of a Barents Sea, inspiring defamation from environmental groups.

Three of a 10 licenses, that include of 40 blocks in total, are in a evident closeness of a nautical limit with Russia, in an area that a dual countries prolonged doubtful before an settle was resolved in 2010 .

The US supervision estimated that 4.9 million gallons of oil spilled from a seabed after a BP-leased Deepwater Horizon oil height in a Gulf of Mexico suffered an blast on Apr 20, 2010 that killed 11 people.






Article source: http://www.dailystar.com.lb//Business/International/2016/May-18/352759-norway-opens-new-arctic-zones-to-oil-exploration.ashx

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