Norway relaxes offshore oil rules for service companies
Norway has for the first time offered petroleum offshore exploration acreage to an oil service company. Under the North Sea Round 2000 licence awards on Thursday, Norway’s Aker Maritime was offered 49 per cent as a partner in block 35/3, while German company RWE-DEA was given operatorship and 51 per cent. Traditionally, only upstream oil … Continue reading Norway relaxes offshore oil rules for service companies
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