Thursday, June 5, 2014

Fears oil will remain untouched – Today’s Market

High development costs threaten the profitability of Norwegian oil discoveries. Ane Baldishol Brevig (28) hope she has a job until she retires.

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energy gap Lake glisten green in the ocean outside Kristiansund . The drilling rig “Transocean Arctic” is lonely out in the Norwegian Sea. Drilling Engineer Ane Baldishol Brevig (28) in the German oil and gas company VNG is one of hundreds of people stationed on the rig.

– I find it disturbing that the costs on the Norwegian continental shelf increases. At the same time, I feel pretty confident that I will have a job in the oil industry for 40 years, says Brevig from Oslo.

She is with the drilling of Arrow found outside Kristiansund, where VNG hit the mark in April with a finding that may contain up to 170 million barrels of oil equivalent. The area is full of oil. The question is whether it is being extracted.

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