After stating its intention to move to northern waters, Norwegian energy company Statoil said it strengthened its grip on Barents Sea assets. The Norwegian energy company said it reached an agreement with a regional subsidiary British energy company Tullow Oil to increase its holdings in license areas in the Wisting discovery in the Norwegian waters of the Barents Sea. “This transaction reflects our strong belief in the exploration potential on the Norwegian continental shelf and our commitment to create value in the Barents Sea,” Jez Averty, a vice president for regional exploration for Statoil, said in a statement.