Statoil has received consent to drill an exploration well in the Barents Sea.
Well 7325/4-1 is in the Hoop area in the Barents Sea, around 275 km from Nordkapp and 200 km from Bjørnøya (Bear Island).
Well 7325/4-1 is in the Hoop area in the Barents Sea, around 275 km from Nordkapp and 200 km from Bjørnøya (Bear Island).
Reliance Industries Limited (RIL) and BP have announced that they are moving forward to develop already-discovered deepwater gas fields, bringing new gas production for India.
the Layang Field is located approximately 7 km east of the producing Helang Gas Field in Block SK10.