Exploration - 24 April 2020

The government has proposed an extension of the so-called ice edge boundary to the constantly changing southern fringe of the permanent ice sheet.

The company is reducing its 2020 CAPEX and cold-stacking two vessels in 2Q20.

Well 6507/8-10 S, 10 km east of the Heidrun field, will be permanently plugged and abandoned.

The company expects that the Sobhi well, onshore Nile Delta in Egypt, will be tied in during 2021.