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    market news

    Norway Awarded License Stakes and Operatorship for 60 Blocks

    Investing News Network
    Jan. 17, 2012 02:24PM PST
    Resource Investing

    Reuters reported that Norway awarded license stakes and operatorship for 60 blocks or partial blocks to 42 oil companies.

    Reuters reported that Norway awarded license stakes and operatorship for 60 blocks or partial blocks to 42 oil companies.

    As quoted in the market news:

    Most of the awards went to small and medium oil firms, such as Germany’s Wintershall, Britain’s BG or France’s GDF Suez, which Norwegian authorities have sought to attract in recent years to boost the diversity of players and increase exploration activity.

    Click here to read the full Reuters report.

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