The future of Norway’s oil industry lies in the Barents Sea—but it’s far from certain
The most recent assessment by Norway's oil regulator suggests that major new finds and production in the nationa's Arctic will be necessary to keep production at current levels in the next decade.
January 12, 2018
Norway’s oil and gas industry has three things going for it right now: oil prices have doubled over the past two years, production remains high and, perhaps most importantly, there is much left to discover, particularly in the Barents Sea.
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