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BP Relaunches Sale of North Sea Oil Fields, Sources Say
2021-01-07 21:30:00| OGI
BP originally agreed to sell its interest in the North Sea oil fields to Premier Oil a year ago for a total of $625 million but the transaction fell through after Premier was taken over by rival Chrysaor.
Shell Delays North Sea 3D Seismic Survey
2021-01-06 15:30:38| OGI
Egdon Resources Plc has provided an update on Jan. 6 regarding the timing of the 3D seismic survey over the Resolution gas discovery in offshore licenses P1929 and P2304.
Pensions Swamped in a Sea of Negative Real Rates: Brian Chappatta
2020-12-28 16:47:00| National Real Estate Investor
The 30-year U.S. real yield has been negative since mid-June after never falling below zero at any point since at least 2004.
Equinor to Invest $345 Million to Improve Recovery Rate at North Sea Field
2020-12-22 14:46:42| OGI
Equinor and its license partners have decided to invest NOK 3 billion (US$345 million) in the North Sea Statfjord st field to improve recovery by 23 million barrels of oil equivalent, the company said on Dec. 22.
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Total CEO: North Sea Could Shift From Oil Reservoir to CO2 Store
2020-12-15 15:35:19| OGI
Total is a partner in a project that aims to bury CO2 underground and help companies meet climate targets.
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