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Equinor, Rosneft To Extract 250 MMbbl Of Oil At Russian Field
Oil firms Equinor and Rosneft expect to extract some 250 million barrels of oil and 23 billion cubic meters of gas during the first part of the development of the Severo-Komsomolskoye oilfield in Russia, Equinor said on Dec. 23.
Petronas Buys 49% Of Repsol’s Stake In Indonesia’s Andaman III Block
Repsol will still hold a 51% stake in the block after the deal.
Chevron Expects Full Oil Output From Saudi-Kuwaiti Field Within 12 Months
Chevron said on Dec. 24 it expects Saudi-Kuwaiti Neutral Zone's Wafra oilfield to return to full production within 12 months.