WATCHING THE WORLD BP'S NORWEGIAN STRATEGY

with Roger Vielvoye from London Norway's offshore operators believe their territory is among the most prospective in the world. Money and expertise are available to sustain a high level of exploration, but activity remains disappointingly low. At last count there were only eight rigs on exploration and appraisal assignments off Norway, compared with 38 across the line in British waters. The reason is simple: Norwegian operators have been starved of drillable acreage by Oslo's policy of

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