Johnny Hersvik News Today

Norwegian independent oil company Aker BP on Wednesday posted higher-than-expected net profit for the first quarter as costs fell, and said its Tyrving field development could start production sooner than previously planned.

Aker BP and its partners Equinor and Sval Energy have commenced production from the Hanz field in the Norwegian North Sea.

Aker BP said lower oil prices offset higher gas prices and increased volumes.

Production at the Equinor-operated Johan Sverdrup oilfield, the North Sea's largest, is expected to start declining from peak levels in about a year…

Norway on Tuesday awarded stakes in 62 offshore oil and gas exploration licences to 24 energy companies, including state-controlled Equinor , boosting the amount of acreage offered as the country seeks to pump for decades to come.

Norwegian oil companies will ramp up exploration for natural gas in the Barents Sea in the next three years, industry executives told Reuters, showing renewed interest in the remote Arctic...

The annual predefined areas rounds of new offshore exploration acreage are central to Norway’s strategy of extending oil and gas production for decades to come

RIGZONE News - leading source for the latest news and information for the oil and gas industry

OSLO (Reuters) - Norway's second-largest listed oil and gas company, Aker BP, said it would consider applying for licenses to mine minerals from the s...

OSLO (Reuters) - Norway's second-largest listed oil and gas company, Aker BP, said it would consider applying for licenses to mine minerals from the s...