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Monday, February 24, 2020
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Norway discovers $10-T oil deposits

 

Under yellow metal legs stretching beneath the sea, billions of dollars lie buried. As the world tries hard to halt global warming, a huge oil field breathes new life into Norway’s oil sector. “Massive!” exclaims a delighted Arne Sigve Nylund, the head of energy giant Equinor’s Norway operations. “At its peak, it will represent approximately 25 to 30 percent of the total oil production from the Norwegian continental shelf,” he says as he takes reporters on a tour of the Johan Sverdrup oil field, hardhat firmly secured on his head.

AFP


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Today’s Front Page February 24, 2020

Today’s Front Page February 24, 2020