Statoil Makes Gas Find in Arctic

Maritime Activity Reports, Inc.

October 10, 2014

Norwegian oil firm Statoil has made a small gas discovery in the Arctic, near its Johan Castberg oil discovery, the Norwegian Petroleum Directorate said on Friday.

The find contains between 1 and 2 billion standard cubic metres of recoverable gas, it said. Statoil's partners are Eni of Italy and Norwegian state-owned firm Petoro.


Reporting by Gwladys Fouche

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