Drilling & production - 09 August 2016

Recoverable reserves are estimated at 56.4 million boe, whereas capital expenditures are projected at about NOK 3.5 billion.

40 developments scheduled to start operations by 2025, out of an anticipated total of 236 worldwide.

The two-day event featured manufacturers from the US, Canada and France who took the opportunity to highlight developments in a range of areas.

The Songa Enabler drilling rig has started drilling a new injection well for CO2 gas on the Snøhvit field off the coast of Hammerfest.

President Energy has provided the following update on its Argentine and Louisianan operations.