Whilst the offshore area would require major investment to further de-risk, the onshore of the central West Greenland shelf could be more straightforward to explore.
Together with a U-turn on the approval of a coal mine in Cumbria, pressure seems to mount on Westminster to take concrete steps towards addressing climate change.
After a number of Barents Sea dry holes, Equinor and partners Vår (30%) and Petoro (20%) this week announced the discovery of 31 to 50 MMb of recoverable oil through…