Norway’s Statoil top bidder for U.S. offshore licenses
As one of the companies with the largest take in a U.S. offshore auction, Norway’s Statoil said it reset its Gulf of Mexico position as the market improves.
Statoil was the high bidder on 13 of the tracts up for sale in the latest auction for the rights to drill in the U.S. waters of the Gulf of Mexico. Of the more than two dozen companies with successful bids, Statoil was near the top with company bids of more than $51 million.
The company was the successful high bidder in all but two of the leases it targeted in the central waters of the Gulf of Mexico. Erik Haaland, a spokesperson for Statoil, told UPI in response to emailed questions that the company is moving on U.S. opportunities as market conditions improve…