Norway Will “Scrape the Bottom of the Barrel” in the North Sea
The first project since the COVID-19 era is being implemented on the Norwegian shelf of the North Sea. A new oil and natural gas field in the North Sea called Bestla will begin to be developed in the first half of 2027. The caveat is that the Bestla project, which …
Norway Approves Investment In New Offshore Oil And Gas Project Bestla
Norwegian oil and gas operator DNO today announced a final investment decision for the development of the Brasse field, located in the northern North Sea. In addition to DNO Norge AS (39.3%), the Brasse partnership includes OKEA ASA (39.3%) as operator, Lime Petroleum AS (17%) and M Vest Energy AS …