Norway, Russia primed for Arctic expansion

摘要

Stavanger, Norway—Norway and Russia are both poised to see a significant increase in exploration activity in Arctic waters as companies look to tap the potential of one of the world’s biggest frontier areas, according to plans outlined this week by company and government officials. Norway’s Statoil plans to drill nine wells in the Norwegian Barents Sea area in 2013, the company’s executive vice president for exploration Tim Dodson said August 28 at a press briefing at the ONS conference in Stavanger, Norway.