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).
ADNOC secures $11 billion financing for offshore gas development
Abu Dhabi National Oil Co. has secured $11 billion in financing tied to future production from its...
