Otago Daily Times

Oil ex­plo­ration in Arc­tic

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Oslo: Nor­way will of­fer oil firms ex­plo­ration blocks in nine fron­tier ar­eas in its lat­est li­cens­ing round, in­clud­ing eight re­gions of the Arc­tic Bar­ents Sea and one in the Nor­we­gian Sea, the Min­istry of Pe­tro­leum and Energy and the Pe­tro­leum Direc­torate (NPD) said yes­ter­day.

The Govern­ment of­fered 136 blocks, in line with a pre­lim­i­nary in­di­ca­tion made in June, in­clud­ing 125 in the Bar­ents Sea, in a ma­jor ex­pan­sion of oil ex­plo­ration in the Arc­tic.

En­vi­ron­men­tal groups have said Nor­way’s drive to find more Arc­tic oil and gas con­tra­dicts the coun­try’s in­ter­na­tional com­mit­ments to re­duce car­bon diox­ide emis­sions.

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