Open/Close Mobile Menu Open/Close Mobile Menu

Statoil finds up to 130m barrels of new oil reserves in North Sea

By William Clarke
Published: Monday, 09 October 2017

The North Sea is fast becoming a centre of new oil and gas exploration and investment, potentially driving up oilfield mineral demand.

Norwegian oil company Statoil, the world’s largest offshore operator, has discovered new reserves of up to 130m barrels in the Moray Firth basin, off the coast of Scotland, in a move that could fuel new oilfield mineral demand in the fast-recovering production centre.

 "The preliminary results suggest the discovery could...

This is a preview of the full article

Logo
  • 2 years pricing data on all minerals
  • The latest global news and features
  • Print magazine
  • Article archive ranging from 1988
  • Access on the move with IM Insight mobile app




Take a Trial or Subscription today. Start below: