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Oil and Gas Sector · IcelandA major oil and gas discovery has been made at the Vidsyn prospect in the Norwegian Sea by the Norwegian oil company, Vaar Energi. Speaking in a statement, Vaar explained that initial estimates show that the discovery holds recoverable reserves between 25 million and 40 million barrels of oil. Vaar Energi explained that it will evaluate the discovery and consider tying in the development with the existing Fenja oil and gas field. The Norwegian o…See the Story
Major oil and gas discovery made in Norwegian Sea
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