Equinor and Aker BP are investing NOK 13 billion (~$1.29 billion USD) in the third phase of Johan Sverdrup, one of the world’s most carbon-efficient oil fields. New subsea infrastructure will increase recovery by 40–50 million barrels of oil equivalent (boe).
Gabon continues push for renewed interest in upstream developments
Gabon is laying the groundwork for a new phase of growth, with recent upstream momentum being...