Maersk Oil offered interest in Barents Sea license

6/13/2013

Maersk Oil offered interest in Barents Sea license

BY GUSTAV SANDSTROM

COPENHAGEN -- Maersk Oil said it has been offered 20% interest in a new license, PL710, in the Barents Sea.

This is Maersk Oil's entrance to the Barents Sea in Norway. We see large potential in this part of the Barents Sea and are looking forward to start the exploration work said Morten W. Jeppesen, Managing Director for Maersk Oil in Norway.

With the award of PL710 Maersk Oil holds interest in 24 licenses on the Norwegian Continental Shelf, nine as operator.

Dow Jones Newswires

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