Aker BP plans early startup at Norway's Aerfugl gas field

11/11/2019 10:19 Natural Gas

news

Oil and gas firm Aker BP will accelerate the startup of production from Norway’s Aerfugl natural gas field, the company said on Monday.

In a surprise move, the company now plans to start Aerfugl production in the first half of 2020, three years ahead of what had originally been billed as the field’s second phase.

 

Partners in the 8 billion Norwegian crown ($875 million) project are Aker BP, Equinor, Wintershall DEA and PGNiG.

Source: reuters.com

Daily (06.04.2019): Brent crude jumped by nearly 14% on Friday, on hopes for new output cuts by world oil leaders

06/04/2020 11:06:00

Crude oil prices rebounded on Friday, marking the first weekly rise in more than a month, after OPEC leader, Saudi Arabia, announced the willingness to have an emergency meeting to potentially cut oil supplies and solve the oil price war. Consequently, Brent crude for June delivery traded 13.9% higher at $34.11 a barrel. Similarly, WTI futures spiked by 11.9% to $28.34 a barrel.

<READ MORE

Innogy commits to 342MW Kaskasi

06/04/2020 10:58:00

Innogy has given the go-ahead to its third German offshore wind farm having taken a final investment decision (FID) for the construction of the 342MW Kaskasi project in the North Sea.

READ MORE

German hourly power drops to minus 50.26 euros per MWh for Sunday

06/04/2020 10:54:00

German day-ahead power prices plunged as low as EUR -50.26/MWh on an hourly basis for a fourth consecutive Sunday amid low demand and high renewables feed-in.

READ MORE