New Barents Sea drilling program under way - December 02, 2007

Providing coverage of Alaska and northern Canada's oil and gas industryDecember 2007

Vol. 12, No. 48

Week of December 02, 2007

New Barents Sea drilling program under way

According to a Nov. 25 Financial Times report, StatoilHydro plans to drill around the area of the Snohvit development in the Barents Sea over about the next 18 months. The company wants to find out if there is sufficient gas in the area to justify building a second gas line to the Snohvit LNG plant, the Financial Times said.

StatoilHydro is also partnering with oil major ENI in the appraisal of the ENI-operated Goliat oil field in the Barents Sea about 30 miles southeast of Snohvit.

—Alan Bailey

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