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"OSLO: Norway awarded Wednesday Arctic drilling licenses to 13 oil companies, including in a hitherto unexplored part of the Barents Sea, provoking condemnation from environmental groups.It is the first time since 1994 that the country has opened a new sector to the oil industry, and comes as Norway's output has halved since 2000 and a collapse in crude prices has slashed state revenues.Three of the 10 licenses, which consist of 40 blocks in total, are in the immediate vicinity of the maritim", www.brecorder.com
"Norway’s government awarded its first new oil and gas acreage in more than two decades on Wednesday, allowing drilling in an area previously disputed with Russia and continuing a push into the Arctic despite cost challenges and weak profitability in the sector.", www.wsj.com
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