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Statoil with optimistic plans for 2014

Norwegian energy producer Statoil has announced an optimistic exploration programme in Norway also in 2014, building on the exploration successes of recent years.

Statoil plans to drill 20-25 exploration wells on the Norwegian continental shelf (NCS) in 2014, of which around two-thirds will be Statoil-operated.

"Statoil's exploration success rate on the Norwegian continental shelf has been over 70% the last five years, compared to an industry average of 49% (*).

To read more, please visit the Norway Post website here.

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