Statoil discovers oil in North sea
Statoil along with its partners Petoro, Det norske oljeselskap and Lundin has discovered oil in the Geitungen prospect on Utsira High in the North Sea.
StatoilHydro ASA has struck oil and natural gas with a wildcat exploration well drilled in the Arctic waters of the Barents Sea off Norway's northern tip, the national Petroleum Directorate said Friday.