Wednesday, August 29, 2012

Norway promotes renewable ... and extends offshore drilling further north

Renewables and Modern Hypnosis 
Norway in the news

Renewables a priority says Norway as IEA gives update

Norway’s energy minister Ola Borten Moe has called for an end to the “false antagonism” between renewable energy and fossil fuels, claiming gas will become an important “back-up fuel” to renewables.
Norway's oil minister intends to drill to the North Pole
Ola Borten Moe disagrees this is a problem.
“It seems some think that you have to choose between drilling in the Arctic and the environment. The first well was drilled in this area more than 100 years ago. It is not a new phenomenon. We have an oil company that has a lot of experience and they have a partnership that stretches up to the High North,”
Statoil upgrades triple Arctic research budget
Statoil will start drilling in Nunatak in the Skrugard area in december. It will drill and complete four wells in this area over a six month period. The campaign will then continue with the drilling of two-to-three wells in the hoop frontier exploration area further north in the Barents sea in summer 2013. Statoil said these will be the northernmost wells ever drilled in Norway.

In addition to increasing drilling activities, Statoil has also created a technology road map to prepare for activities in even harsher arctic areas...

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