Norway adds ‘largest discovery’ in a decade to its hydrocarbon arsenal

A large gas and condensate discovery has been found by Norwegian oil and gas company Wellesley Petroleum at a project in the North Sea off the coast of Norway. One of the rigs maintained by Odfjell Drilling was used for the drilling operation.

A week after receiving approval from the Petroleum Safety Authority Norway (PSA) for exploration drilling in North Sea block 35/10, Wellesley Petroleum received a drilling license from the Norwegian Petroleum Directorate (NPD) for the well 35/10-10 S. The Deepsea Yantai rig, formerly known as the Beacon Atlantic, is owned by China's CIMC and operated by Odfjell Drilling. It was used for drilling operations.

The Executive Chairman of DNO, Bijan Mossavar-Rahmani, said: "Norway is the gift that keeps on giving. The Carmen discovery demonstrates that significant discoveries are yet to be made, and that