"Nobody made a greater mistake than he who did nothing because he could do only a little."
Edmund Burke
Norwegian Ministry of Oil and Energy launched 8th May a plan for drilling oil in the Barents Sea. It will take about 3 billion euro to get the oil field rigged and ready for production. The estimated value in the the Goliat oil field is about 7 billion euro with today prices(174 million oil barrels). The rights to exploitation are given to ENI Norge AS and StatoilHydro Petroleum AS. The environmental organizations are not satisfied, even if the Ministry promises that the oil exploitation will follow the highest standards and zero oil pollution into the Barents Sea. Bellona Foundation has expressed great concern about the decision, also because the Government opens up for oilactivities around the Arctic a island Jan Mayen. The leader of Bellona, Fredrik Hauge calls it a scandal and promises to launch a campaign against the decision. Read more here. Organization Nature and Youth is also furious about the decision Questions are raised how this fits in with Norway's international environmental obligations.