Statoil ASA plans to step up drilling in Norway for a second consecutive year, in the first indication it has given of its exploration plans for 2018.
Statoil is looking at 25 to 30 exploration wells in Norway next year, both as operator and partner, Atle Reinseth, vice president for tie-back & brownfield projects at Statoil, said at a conference in Stavanger on Wednesday. The figure represents an early “frame” that will depend on factors such as partner approval and rig allocation and the actual level may be either higher or lower, spokesman Morten Eek added in an email.
