Another European Country Restarts Drilling for North Sea Oil

Another European country restarts drilling for North Sea oil

Norway's Energy Minister Terje Aasland has said the move would secure Norway as "a long-term supplier of oil and gas to Europe".

Norway restarts North Sea drilling licences as UK faces calls to lift ban – Your Capital Minds

Norway has reopened oil and gas exploration in the North Sea for the first time since 2021, prompting opposition parties to urge the UK Government to lift its own ban on new drilling licences. The Norwegian energy ministry announced it will invite bids for exploration across the northern Barents Sea, the Norwegian Sea and parts of the North Sea, in a move aimed at securing the country’s role as “a long-term supplier of oil and gas to Europe.” En…

Norway restarts North Sea drilling licences as UK faces calls to lift ban

Norway has reopened oil and gas exploration in the North Sea for the first time since 2021, prompting opposition parties to urge the UK Government to lift its own ban on new drilling licences. The Norwegian energy ministry announced it will invite bids for exploration across the northern Barents Sea, the Norwegian Sea and parts of the North Sea, in a move aimed at securing the country’s role as “a long-term supplier of oil and gas to Europe.” En…