Shell has announced a waterflooding project to boost volume capacity at the Vito field in the US Gulf of Mexico.
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Equinor has exited Suriname as it and ExxonMobil transferred stakes in Block 59 to Hess.
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Vår Energi has extended a long-term agreement to deliver natural gas to Eni by an additional 12 years.
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The USD 862-million merger between Norwegian geophysical companies TGS and PGS has been completed.
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Vår Energi has confirmed recoverable resources of up to 39 million boe at a well in Norway's North Sea.
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Aker BP has encountered oil deposits in the Frosk exploration well 24/9-12 in the PL340 licence in the North Sea, the company announced on Monday.
The company is…
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Kværner has received a NOK 3.8-billion (USD 481-million) contract from Statoil to build the topsides for the Johan Castberg FPSO, the Norwegian major announced on…
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Norway’s energy ministry has granted a record 75 offshore oil exploration licences, international media reported on Tuesday.
Statoil, Aker BP, Shell, Total and…
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A Norwegian court has ruled that drilling in the Arctic is not a violation of the constitutional right to a healthy environment, international media reported on…
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Statoil plans to invest NOK 49 billion (USD 5.9 billion) in the Johan Castberg offshore field in the Arctic, the Norwegian major announced on Tuesday.
First oil at…
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Norwegian company Offshore Resource Group signed an MoU with Iran’s Khazar Exploration and Production Company (KEPCO) to jointly conduct studies in the Caspian Sea,…
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Hess Corporation has agreed to sell its oil and gas assets in Norway to Aker BP for USD 2 billion, Hess announced on Tuesday.
The company is also in the process of…
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Russia’s Rosneft is considering swapping some of its domestic assets for acreage on Norway’s continental shelf, international media reported on Thursday.
The…
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Super-major Total said on Monday that Kuwait Foreign Petroleum Exploration Company (KUFPEC) had agreed to buy its remaining stake of 15% in the Gina Krog field offshore…
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Aker Solutions said on Thursday that it had secured a Shell contract for brownfield modifications services and maintenance support at the Draugen offshore platform and…
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