Norway offers oil firms 70 Barents Sea exploration blocks
The move comes even as the International Energy Agency warns against any new oil and gas projects if global warming is to be kept below 1.5 degrees Celsius.
June 9, 2021
Oil companies are invited to apply for drilling licenses in 84 blocks on the Norwegian continental shelf, according to an announcement Wednesday. Of those 84 blocks, 70 are in the country’s northernmost waters, the Barents Sea.
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