The latest Norway oil find is another drop in Barents barrel
The next big thing in Norwegian offshore oil has just gotten more feasible.
Measured by its size, the discovery announced earlier this week by Equinor, Norway’s state-controlled oil firm, is marginal. The Skruis find, in the northern Barents Sea, contains at most 25 million barrels. This is probably just 4 percent of the monstrous Johan Castberg Field. But what Skruis lacks in size, it makes up for in location.
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