New oil discovery on Norwegian Continental Shelf

An oil discovery was made in February by a subsidiary of energy company Total in the North Sea off the coast of Norway. The new find may hold up to 12.5 million barrels of recoverable oil. 

The oil column which was encountered in the Heimdal field is reportedly nearly 70 feet thick. While not particularly voluminous, the discovery is remarkable for its location, as the well is positioned in a region which was not previously known for containing reserves of oil and natural gas.

The last month’s find in the North Sea could lead the way to new discoveries in the region. A spokesperson for Total E&P Norge AS said that “the licensees will assess the discovery together with nearby prospects with regard to further follow-up [on the discovery’s full potential]”.

Total will lead the operations, with a 40 percent stake in a consortium that will include Norwegian energy companies.

As new discoveries are being made and the amount of jobs in the Norwegian petroleum sector increases steadily, Norway continues its search for foreign talent, utilising online recruitment websites such as TUjobs.com. There, companies can post daily job vacancies and seek out experienced professionals for the Norwegian oil and gas sector.

Visit www.TUjobs.com for more information about job opportunities in the Norwegian oil and gas industry.

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