Sign up for FREE access to view this article now!
Unlock Free Access-
Access to in-depth interviews with industry insiders
-
Watch exclusive videos with energy executives
-
Receive the Breaking News Alerts newsletter
-
No credit card required
Recommended Reading
Why OPEC’s Higher Output Pledge Won’t Bring Down Pump Prices
2022-06-07 - The group of major oil producers has announced a planned production increase, but significant challenges remain.
ConocoPhillips Plans $1.1 Billion Investment as Norway Oil Sector Heats Up
2022-05-09 - Known as Eldfisk North, the development is part of the wider Ekofisk area in the Norwegian North Sea, where ConocoPhillips has pumped hydrocarbons for more than 50 years. The U.S. operator said the new reserves are expected to come onstream in 2024.
W&T Offshore, KNOC Form Partnership to Pursue JV Opportunities
2022-05-09 - Through a non-binding MOU, W&T Offshore and KNOC will explore potential joint ventures in upstream oil and gas as well as opportunities related to energy transition and the reduction of global carbon emissions.
Equinor Sells Stakes in 2 Norway Fields for $1 Billion Cash
2022-05-10 - “The agreement includes a cash consideration of $1 billion and a contingent payment structure linked to realized oil and gas prices for both assets for 2022 and 2023,” Equinor said in a statement.
US Asked Petrobras to Raise Oil Output; It Said No: Sources
2022-05-10 - During a March meeting, U.S. officials asked Petrobras if the company had the capacity to increase short-term production, according to U.S. government and Petrobras sources, who requested anonymity to discuss private talks.