Chinese company COSL has growing experiences from the Barents Sea, not only from the Norwegian part of the area. Over several years, the company's Nanhai 8 drilled wells in Russian Arctic waters. Ahead of the expeditions, the rig and its crew paid a visit to Murmansk. Photo: Murmansk regional government
The Chinese rig Cosl Prospector has discovered up to 52 million barrels of oil in an appraisal well in Norwegian Arctic waters, the Barents Observer reports.
The well is estimated to hold between 1,6 and 8,3 million standard cubic meters of oil equivalents, or 10-52 million barrels, the Norwegian Offshore Directorate informs.
It is located near Goliat, the oil field operated by company Vår Energi.
