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Study: Barents sea could be a new Norwegian oil and gas province

Eilis QuinnEye on the Arctic

Norway may be in for an even bigger economic boom after a new survey in the previously disputed area of the Barents Sea has uncovered significant gas and oil, reports the Barents Observer.

Norway's Oil and Energy Minister Ola Borten Moe is quoted in the report as saying that the country's Arctic Finnmark region is poised as "Norway's next oil province."

Norway and Russia settled a decades old territorial dispute in the Barents Sea in 2010.

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This story is posted on Alaska Dispatch as part of Eye on the Arctic, a collaborative partnership between public and private circumpolar media organizations.