Oil production in Alaska reaches lowest level in more than 40 years, reports US EIA
Last year's production was over 75% less than the state’s peak production of more than 2 million bpd in 1988.
Last year's production was over 75% less than the state’s peak production of more than 2 million bpd in 1988.
The exclusive partnership will enable easier access to downhole technologies from both companies.
BP has reported a profit of US$2.6 billion in 1Q21.
Equinor has completed the sale of its operated and non-operated acreage in the Bakken field in North Dakota and Montana to Grayson Mill Energy.
The total contract value is contingent on the final investment decision for the Bacalhau field, offshore Brazil.