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Upstream drilling news

On the road to recovery: part 1

Marina Ivanova, Douglas-Westwood, UK, gives an insight into the long term opportunities for the upstream industry.

 
 
 
 
 

Statoil granted drilling permit

The Norwegian Petroleum Directorate has granted Statoil Petroleum AS a drilling permit for well 16/2-22 S, cf. Section 8 of the Resource Management Regulations.

 

Obama bans oil drilling in Arctic waters

President Barack Obama has permanently banned offshore oil and gas drilling in the 'vast majority' of US-owned northern waters in a move to protect the region from the upcoming Donald Trump administration.