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EUROPE

Statoil cleans up in Norway

STATOIL is celebrating winning 10 production licences in the Norwegian Continental Shelf after Norway's government awarded 65 production licences as part of its awards in pre-defined areas 2013 licensing round.

Andrew Snelling
Statoil cleans up in Norway

According to the Norwegian Petroleum Directorate, a record 50 companies applied for a slice of the action in the NCS, which is predicted to see increased production this year, with 48 making the cut. ...

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