Norway Goverment 1st Barents Sea Oil Field

It will be the second offshore development in the icy waters of the Barents Sea that Norway shares with its neighbor Russia. StatoilHydro's Snoehvit field went on stream in 2007, but is a pure natural gas field while Goliat is mainly an oil field. Snoehvit also uses Hammerfest as its base.

Riis-Johansen said the Goliat field will face strict environmental controls to protect the fragile cold weather ecology of the farm North.

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