Norway Raises Projected Oil and Gas Investments for 2025 to $21B
The upward adjustment was driven by higher growth estimates for field development and exploration.
Source: rigzone.com
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The upward adjustment was driven by higher growth estimates for field development and exploration.
'The transaction is aligned with our stated ambition to dispose of non-strategic assets to optimize our portfolio of assets; reducing our operating costs a...
The initial estimated size of the discovery is at most 3.5 MMcf.
The offshore oil and gas field is estimated to hold about 24 MMboe and will be tied back to the Brage platform, which started production in 1993.
Eni posted $1.3 billion in net income for the first quarter.