Oil Search in Norway's New Arctic Area Is Safe, Statoil SaysBy
Industry studies show low risk of any spill reaching ice cap
Government to award licenses in new Barents Sea area this year
Ice, extreme temperatures and a vulnerable environment are all surmountable challenges as drillers set out to hunt for oil in a new area of Norway’s Arctic Barents Sea, according to Statoil ASA and other explorers.
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