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Offshore & subsea

 
 

Norway's oil output down in March

Oil production in March was 4.4% lower than the NPD’s forecast, due to technical problems at some fields.

 

MOL completes purchase of Chevron assets in Azerbaijan

The interests include a 9.57% stake in the Azeri-Chirag-Gunashli oilfield, and an effective 8.9% stake in the Baku-Tbilisi-Ceyhan pipeline that transports crude to the Mediterranean port of Ceyhan.

 
 
 
 
 
 
 

Mako gas field resource estimates upgraded

The gross (full field) 1C (contingent) resource estimate of 323 billion ft3 of recoverable raw gas represents an increase of 76% on the pre-appraisal estimate of 184 billion ft3.