Available on wwwinnovasjonnorgeno 31 ormen lange

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Unformatted text preview: nningsvåg. The find may be larger than the Goliath oil field and could mark the beginning of a real petroleum boom for the far north of the country. The new StatoilHydro field could contain as much as 300-350 million barrels of oil, compared to the Goliath field's 250 million. The two fields are only 45 km away from each other.32 StatoilHydro has confirmed the existence of gas in the Ververis prospect in the Barents Sea, whereas an exploration well in the Stetind prospect in the Norwegian Sea 30 Innovasjon Norge (Innovation Norway). Available on: <www.innovasjonnorge.no>. 31 Ormen Lange. Available on: <www.norsk-hydro.com/ormenlange/no>. 32 Available on: <ec.europa.eu/trade/issues/bilateral/countries/ norway/index_en.htm>, 9.04.08. 32 © Ifri F. Harbo / The European Gas and Oil Market turned out to be dry. This was the 13th discovery on the Norwegian continental shelf that StatoilHydro was involved in 2008. Ververis is the first well in production licence 395, which was awarded in the 19th licensing round in 2006. The...
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