The Maritime ExecutiveStatoil Greenlights Arctic Offshore Oil ProjectThe Maritime ExecutiveStatoil has given the green light to this year's biggest offshore project, Johan Castberg, a $6 billion development in the Barents Sea. Castberg is believed to h …

ONGC to invest $8.8 billion in KG oil and gas discoveries - The Economic TimesEconomic TimesNEW DELHI: State-owned Oil and Natural Gas Corp (ONGC) plans to invest over USD 8.8 billion in bringing to production its much-touted KG-basin oil and gas discoveri …