Statoil Awarded Licences Offshore Canada

The licences include a Significant Discovery Licence (SDL) and three Exploration Licences (ELs) off the coast of Newfoundland, awarded through a land sale issue by the Canada-Newfoundland and Labrador Offshore Petroleum Board (C-NLOPB).
“We are very pleased to learn that we have been successful in acquiring new licences offshore Newfoundland,” says Tim Dodson, senior vice president of Statoil’s global exploration entity.
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Source: Offshore Energy Today