Norway's Statoil Makes Small Gas Find in Arctic



Reuters

OSLO, Oct 10 (Reuters) – Norwegian oil firm Statoil has made a small gas discovery in the Arctic, near its Johan Castberg oil discovery, the Norwegian Petroleum Directorate said on Friday.

The find contains between 1 and 2 billion standard cubic metres of recoverable gas, it said. Statoil's partners are Eni of Italy and Norwegian state-owned firm Petoro.

(Reporting by Gwladys Fouche, editing by Terje Solsvik)



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