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Equinor To Export Oil From Castberg Field Direct To Market

2019-12-13 15:20:04| OGI

The field is expected to start production in 2022.

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Equinor: Sverdrup Oil Field Output Rises To About 350,000 Barrels Per Day

2019-12-03 15:38:51| OGI

The North Sea field, which began output on Oct. 5, is now western Europes largest oil producer.

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Iran Finds New Oil Field With 53 Billion Barrels Of Crude

2019-11-10 16:10:26| OGI

The field stretches over 2,400 sq km (927 sq miles) in the oil-rich Khuzestan province, Iran President Hassan Rouhani said Nov. 10.

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Bidding Field Narrows As Huge Brazil Oil Auction Approaches

2019-11-05 15:13:24| OGI

In the Nov. 6 auction, firms are expected to pay up to US$26.5 billion in signing bonuses for fields that Brazil says may hold up to 15 billion barrels of untapped crude.

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Chevron Sells Stake In Giant Azeri Oil Field For About $1.6 Billion

2019-11-04 19:00:00| OGI

Hungarian energy firm MOL is buying Chevron's stake in a giant oil field in Azerbaijan for $1.57 billion, as U.S. majors retreat to refocus on production at home.

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