The CEO of another Norwegian oil and gas company has weighed into the mounting and increasingly angry criticism of the government over proposed changes to the tax system. The industry says the proposals will damage future developments, especially involving smaller companies and more marginal fields. Oslo-listed independent Bridge Energy is a 20% license partner in PL457, which contains the Asha Noor discovery. The field is being developed with the nearby Ivar Aasen field in PL001B. Asha Noor is said to hold up to 100 million barrels of recoverable oil. Ivar Aasen alone will cost more than $4 billion to develop, holding 113 million barrels of oil and 5.2 Bcm of gas. Operator Det Norske is aiming for start of production in fourthquarter 2016.
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