The PetroleumSafety Authority (PSA) is set to process shortly Statoil’s application to drillat the Apollo and Atlantis prospects in the Hoop area of the Barents, which ata latitude of 74.5 degrees north will be the northernmost wells ever drilledoff Norway.

Thestate-owned explorer plans to used Diamond Offshore’s 1982-builtsemi-submersible Ocean Vanguard to drill the 7125/4-3 probe at Apollo in awater depth of 440 metres in its operated production licence 615.

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