Investing NOK 2.3 billion to recover more oil from Gullfaks
The Gullfaks partners have decided to drill seven new wells and thereby improve oil recovery by 17 million bbls with good profitability.
The Gullfaks partners have decided to drill seven new wells and thereby improve oil recovery by 17 million bbls with good profitability.
The Board of Triangle Energy Limited has provided the following update on its Cliff Head oilfield operations, located in the Perth Basin approximately 270 km north of Perth in Western Australia.