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Norway Oil Giant May Have Drilled Its Last Well in the Barents Sea

A coastal settlement outside the town of Honningsvaag, northern Norway.

A coastal settlement outside the town of Honningsvaag, northern Norway.

Photographer: Pierre-Henry Deshayes/AFP/Getty Images

Aker BP ASA, Norway’s second-biggest oil operator, isn’t planning on drilling for more oil and gas in the Arctic Barents Sea.

“The Barents Sea is not an area of focus for Aker BP and we don’t have any concrete plans for further drilling of exploration wells in the area,” Aker BP spokesman Ole Johan Faret said in an email.