Business Recorder - Markets - Energy https://www.brecorder.com/ Business Recorder en-Us Copyright 2026 Fri, 14 Aug 2026 01:18:40 +0500 Fri, 14 Aug 2026 01:18:40 +0500 60 Statoil drills dry well in Barents Sea https://www.brecorder.com/news/3407/statoil-drills-dry-well-in-barents-sea <p class="MsoPlainText"><img style="margin-right: 10px; margin-bottom: 10px; float: left;" src="https://i.brecorder.com/images/stories/statoil-400.jpg" width="400" height="266" />OSLO: Norwegian oil firm Statoil had drilled a dry well in the Barents Sea, Norwegian authorities said on Friday.</p> <p class="MsoPlainText">The well was drilled south of the Snoehvit gas field off the coast of northern Norway.</p> <p class="MsoPlainText">"The well is dry," the Norwegian Petroleum Directorate said in a statement.</p> <p class="MsoPlainText">The partners in the license are Statoil (33.5 percent), Norwegian state-owned firm Petoro (30 percent), Total (18.4 percent), GDF Suez (12 percent), Hess (3.3 percent) and RWE Dea (2.8 percent).</p> <p><center><b><i>Copyright Reuters, 2011</i></b><i></i><br /></center></p> OSLO: Norwegian oil firm Statoil had drilled a dry well in the Barents Sea, Norwegian authorities said on Friday.

The well was drilled south of the Snoehvit gas field off the coast of northern Norway.

"The well is dry," the Norwegian Petroleum Directorate said in a statement.

The partners in the license are Statoil (33.5 percent), Norwegian state-owned firm Petoro (30 percent), Total (18.4 percent), GDF Suez (12 percent), Hess (3.3 percent) and RWE Dea (2.8 percent).

Copyright Reuters, 2011

]]> Markets https://www.brecorder.com/news/3407 Fri, 18 Feb 2011 08:22:51 +0500 none@none.com (Syed Murtaza Gheblehzadeh)