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December 22, 2020

ConocoPhillips Makes Large Oil Discovery Offshore Norway -oilandgas360

ConocoPhillips Makes Large Oil Discovery Offshore Norway

December 22, 2020

OilPrice ConocoPhillips has made a large oil discovery in the Norwegian Sea close to a producing oilfield, the U.S. oil and gas company said on Tuesday. Preliminary estimates point to the field containing between 75 million barrels and 200 million barrels of recoverable oil equivalent, ConocoPhillips said, adding that additional appraisal would determine the flow rates and the ultimate resource discovery, as

Norway supreme court verdict opens Arctic to more oil drilling- oil and gas 360

Norway supreme court verdict opens Arctic to more oil drilling

December 22, 2020

Reuters OSLO – Norway’s supreme court upheld government plans for Arctic oil exploration on Tuesday, dismissing a lawsuit by campaigners who said they violated people’s right to a healthy environment. While most of Norway’s oil output flows from south of the Arctic, the government believes the greatest untapped potential lies in the Barents Sea off Europe’s northernmost coast. Tuesday’s verdict

FG, Shell, Agip lose bid to stop Abacha’s suit to reclaim Malabu’s OPL 245

December 22, 2020

Shell  A Federal High Court in Abuja has rejected moves by the Federal Government, Shell Nigeria Exploration, Nigeria Agip Exploration Company and others to prevent the hearing of a suit seeking to reclaim the Oil Prospecting License (OPL) 245 originally awarded to Malabu Oil and Gas Limited. The suit, marked: FHC/ABJ/CS/201/2017 was filed in the name of Malabu Oil and

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