The Norwegian government said Tuesday it confirmed a discovery of oil and gas in the North Sea but said efforts to find new reserves in untested waters failed. The Norwegian government published data Tuesday from an appraisal well drilled by Aker BP, a merger of Norwegian energy companies and a subsidiary of BP, about 7 miles away from the producing Froy filed in the North Sea. The Norwegian Petroleum Directorate said the company ran through a column of oil measuring 44 feet and confirmed it as a discovery. Before drilling, the company estimated the well held about 63 million barrels of recoverable oil and 70 million cubic feet of natural gas. “Analyses are ongoing […]