Big Oil’s Exit Turns Into Revival for Norway’s Aging North Sea

A crash in crude prices and high operating costs threatened to shut them early, leaving millions of barrels in the ground. Two of the fields, Draugen and Valhall, have since fallen into the hands of smaller, local companies, and they’re now expected to keep producing well into the 2040s. The recovery in oil prices is certainly helping. …read more

Source:: Yahoo Finance

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