EnergyWatch

Oil firms tint Norwegian shelf with two green lights

On the same day that Wintershall DEA Norge AS presents a dry probe, Norwegian oil companies Aker BP and Neptune Energy are pleased to receive new licenses to drill for underground oil deposits.

Photo: Carina Johansen/AFP/Ritzau Scanpix

Norway begins a new year with new possibilities for oil drilling permits.

The country's oil sector has had a very eventful series of days since Jan. 1. This week, the industry has committed to work toward achieving net-zero upstream oil and gas extraction from 2050, and Equinor officially inaugurated the Johan Sverdrup field, the third-largest in the history of Norway.

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