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June 26th, 2011
First Licenses in Barents Sea May Be Issued 2013-2014

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Norway and Russia have agreed that issue of licenses for shelf developments in the recently delineated area in the Barents Sea can begin in 2013-2014. Norway’s Minister of Petroleum and Energy Ola Borten Moe and Russia’s Minister of Natural Resources and Ecology Yury Trutnev met in Moscow to discuss how the delineation agreement of September 15 2010 can be put into practice. Read More