Norway Reconsidering Overseas Energy Ventures in the Aftermath of the Algeria Hostage Crisis

by Colonel on January 28, 2013

“Oil and gas made Norway one of the world’s most advanced and prosperous countries in just a few decades. Now the deadly siege in Algeria has fired up a debate here over how far its petroleum companies, and their skilled workers, should go in the hunt for resources and profits.

In recent days, the energy giant Statoil has confirmed the deaths of four of the five company employees missing since Islamist militants attacked a gas installation this month at In Amenas, near the Libyan border. Few in Norway held out more than the slimmest hope for the last missing employee.

But workers who take their skills from oil platforms on the North Sea to projects in unstable countries are exposing themselves to new risks, a reality thrust into sharp relief by the militants’ assault on In Amenas.

” — Nicholas Kulish and Henrik Pryser Libell, Copyright 2013 The New York Times Company

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