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Equinor sees Johan Sverdrup oil field output rising to 660,000 bpd by 2022
Output from Equinor ASA’s new Johan Sverdrup oil field in the North Sea will rise to 660,000 barrels per day (bpd) by 2022, from 440,000 bpd at the end of this year, a company executive said on Monday.
read more... 09/09/2019
Equinor begins production from Snefrid Nord gas field offshore Norway
The Snefrid Nord gas field in the Norwegian Sea has been developed with an investment of £110m as a tie back to the Aasta Hansteen gas field
read more... 05/09/2019
Rosneft signs agreements on offshore gas field development with Mozambique
Russian state-run oil company Rosneft signed a memorandum of understanding with Mozambique's National Hydrocarbons Company (Empresa Nacional de Hidrocarbonetos E.P., ENH) to develop offshore natural gas fields, a TASS correspondent reported from the signing ceremony.
read more... 23/08/2019
Daily (22.08.2019): NBP spot surged by 5.4% on Wednesday as the outage at Culzean gas field has been extended
Oil prices diverged on Wednesday. Brent crude price rose due to a higher-than-expected draw in U.S crude stockpiles, while WTI futures dropped due to continued worries about the global economy. Brent crude added $0.27, or 0.5%, to $60.30 a barrel. Meanwhile, WTI crude lost $0.45, or 0.8%, to end at $55.68 a barrel.
read more... 22/08/2019
Daily (21.08.2019): NBP Sep19 price jumped by almost 5% due to an outage at the Culzean gas field
Crude oil prices were rather steady on Tuesday. Brent crude inched up by 0.5% to $60.03 as tensions between U.S. and China eased. However, WTI futures dropped by 0.1% to 56.13 amidst continued concerns over global demand.
read more... 21/08/2019