Parallels between Israel’s and Norway’s natural gas sectors

December 18, 2011, category: General

Oslo based Norwegian energy company AGR, which has drilled more than 430 offshore wells around the world and conducts upwards of 200 offshore studies each year, was appointed last month as operator for Pelagic’s six oil and gas exploration licenses off the Israeli coast.   Atle Aamodt Andresen, vice president for Oslo-based AGR, cited both countries as having a highly educated workforce but historically less experience in the oil and gas fields, and sees great potential in Israel’s newly promising natural gas sector.

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