
OSLO, Norway, July 19 (UPI) -- The Norwegian government announced British energy company BP made an offshore discovery said to contain at least 42 billion cubic feet of recoverable gas.
Norwegian Petroleum Directorate announced BP completed drilling a well at its production license 212E in the Norwegian Sea.
The agency said preliminary estimates put the volume of the discovery at 42 billion-81 billion cubic feet of recoverable natural gas.
German energy companies Wintershall and RWE have boasted success in the Norwegian Sea this year. Wintershall said its Maria discovery could hold as much as 120 million barrels of recoverable oil and 175 billion cubic feet of natural gas.
A labor strike by offshore workers in Norway this month halted about 15 percent of the country's oil production and 7 percent of its natural gas output.
Oslo in May launched an annual licensing round for blocks and partial blocks in the North, Norwegian and Barents seas.
|
|
|
|
|
|
| Additional Energy Resources Stories | |
LONDON, June 19 (UPI) --
An oil company working in northern Iraq said Wednesday it was looking to confirm the region may be one of the best in the world in terms of resource potential.
|
SAO JOSE DOS CAMPOS, Brazil, June 19 (UPI) --
Brazilian aircraft maker Embraer hopes to continue building up its sales of private jets at the same time as it expands capacity in defense, security and tactical transport.
|
Properties repossessed by lenders in the first quarter took an average of 477 days to complete the foreclosure process, up from 414 days in the previous...
|
Nobody likes spending cuts but the champion of that attitude is clearly President Barack Obama, who seems to have a very clear pain-avoidance agenda.
|
| Stories | Photos | Comments |
View Caption