The Barents Sea is a marginal sea of the Arctic Ocean, located off the northern coasts of Norway and Russia with vast majority of it lying in Russian territorial waters. It is a rather shallow shelf sea, with an average depth of 230m, and is an important site for both fishing and hydrocarbon exploration. It contains the world largest remaining cod population, as well as an important stocks of haddock and capelin. Fishing is managed jointly by Russia and Norway.
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