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Equinor sells its 77.8%  interest in the King Lear discovery for USD 250 million

Equinor sells its 77.8% interest in the King Lear discovery for USD 250 million

October 15, 2018 No Comments

Equinor has signed an agreement with Aker BP to sell its 77.8% operated interest in the King Lear discovery on the Norwegian Continental Shelf (NCS) for a total of USD 250 million. “This transaction is a further example of our strategy of capturing value from active portfolio management through the oil price cycles. We are […]

Eni makes a new offshore oil and gas discovery in the Norwegian Barents Sea

May 2, 2014 No Comments

Eni has made a new offshore oil and gas discovery in the Norwegian Barents Sea, approximately 230 km from Hammerfest. The well 7220/7-3S is located 6 kilometers south of the Johan Castberg area on the Drivis Prospect in the PL532 license. It was drilled in approximately 345 metres of water and reached a total depth […]

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ConocoPhillips Announces Production Startup and First Gas from the Jasmine Field

November 21, 2013 No Comments

ConocoPhillips (NYSE: COP) today announced first gas production from the Jasmine field in the United Kingdom, Central North Sea on Nov. 19. “The startup of Jasmine represents another important milestone for ConocoPhillips and builds upon the recent successful startup of Ekofisk South in Norway and the Christina Lake Phase E oil sands project in Canada,” […]

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ConocoPhillips Announces First Oil production from Ekofisk South

October 29, 2013 No Comments

ConocoPhillips (NYSE: COP) today announced first oil production from the Ekofisk South development project in the Norwegian North Sea on Oct. 25. “The Ekofisk South project startup represents an important milestone for ConocoPhillips,” said Matt Fox, executive vice president, Exploration and Production. “This is the first of several new major project startups that will contribute […]

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Eni awarded new exploration licenses in the Barents Sea

June 12, 2013 No Comments

This success in the Norwegian upstream confirms Eni’s commitment to a region with a high potential for exploration where Eni has recently announced the important oil discoveries of Skrugard (2011) and Havis (2012), now renamed as Johan Castberg. Eni has been awarded 4 exploration licenses in the Barents Sea, offshore Norway, of which 3 as […]

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