Norway sitting on 'resource gold mine'

Stallled: Johan Castberg is facing technical and commercial obstacles to development

Norway is sitting on a gold mine of 10 billion barrels of oil equivalent in untapped discovered hydrocarbon resources worth an estimated $106 billion but significant technical and commercial obstacles are barring the way to the glittering prize, according to Wood Mackenzie.

User

Become an Upstream member!

Membership includes a subscription to our weekly newspaper providing in-depth news from the energy industry, plus full-access to this site and its archives. Still not convinced? Try our free trial.

Already a member?

Login