Friday November 30th, OKEA announced the completion of the acquisition of the Draugen field (PL093), a 12.0% share of the Gjøa field (PL153) and the office building “Råket” in Kristiansund, including…
DNO offers to pay 152 pence in cash for each Faroe share – valuing Faroe at approximately £607.9 million. The company currently holds 28,22% shares in Faroe. The Faroe share price…
Tommeliten Alpha is a gas/condensate discovery in Cretaceous chalk that was made in 1977 with 1/9-1. ConocoPhillips is operator. 1/9-1: The Danian chalk (Ekofisk Formation) was reached at 3043.5 m…
Shell is investing heavily in digital technologies to get a competitive advantage in the new E&P landscape. This includes artificial intelligence, machine learning, high-performance computing and cloud. After an extensive…