Norsk Hydro discovers oil and gas off Norway
Norsk Hydro ASA struck oil and natural gas reserves about 125 kilometres off the western Norway city of Bergen, the Norwegian Petroleum Directorate announced yesterday.The strike was described as minor although no estimate was given for its size. It said field partners may link the oil-and-gas reserve to existing production facilities at the nearby Fram field, also operated by Norsk Hydro.
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