Our Operations Technology & Innovation Sustainability Careers Investor Centre News & Media About Statoil Home / Our Operations / The far north / Opportunities in the far north OUR OPERATIONS Exploration and production New Energy Natural Gas Procurement Pipelines Production facilities Trading Decommissioning Future volumes The far north Opportunities in the far north Industrial development Coexistence Presentations Oil spill response Statoil in the Arctic FAQ More oil industry suppliers in northern Norway Half of all oil jobs could end up in the far north New operational area located at Harstad Looking for suppliers in Northern Norway for Aasta Hansteen Opportunities in the far north The areas off Lofoten and Vesterålen are part of Nordland VI, Nordland VII and Troms II. It is here that we find some of the most promising, as yet unopened exploration acreage on the Norwegian continental shelf. (Photo: Knut Ivar Johansen) In 2009 Statoil launched a corporate initiative – designed to work across business areas – for the far northern regions. This initiative is intended as a driving force helping the company realise its strategy to establish sustainable petroleum activities in Arctic regions, and make Statoil the preferred operator based on its ability to meet rigorous operational requirements. One of the initiative’s priority tasks is to follow up the Norwegian government’s handling of a new overall management plan for the Barents Sea. The waters around Lofoten and Vesterålen, Nordland VI, Nordland VII and Troms II, which are currently not open for petroleum activity, represent some of the most promising exploration areas on the Norwegian continental shelf. It is here we envisage the possibility of major new discoveries. But while these areas offer great opportunities for our industry, they also set us some stringent demands. The continental shelf in the area is narrow, and these waters are particularly important for fisheries. Fortunately there are a number of excellent solutions available that can help us ensure the coexistence of the two industries, while the new technology developed in recent years will further reduce the risk posed by our activities. As an energy company it is our job to show that we are worthy of the trust necessary for operating in demanding regions. Published 2010-04-07, 09:21 CET. Updated 2010-04-19, 10:57 CET. SHARE Statoil.com GoodIdeas Innovate Heroes of tomorrow Statoil websites Norsk Terms and conditions Privacy policy Site info Feedback Sitemap Contact © Statoil 2014