MNI BRIEF: Trump Likely To Let Powell Serve Full Term-Moore

MNI BRIEF: Canada Household Debt Tops $3 Trillion In 3Q

MNI BRIEF: Trump Likely To Allow Powell To Serve Term - Moore

MNI INTERVIEW2: Poland To Push For EU Defence Fund

MNI BRIEF: China To Keep Stabilising Housing Market - CEWC

MNI BRIEF: China Focus On Boosting Consumption In 2025

EZ/UK Bond Supply Calendar: Belgium ORI Facility on Friday

US EIA:NAT GAS STORAGE -190 BCF TO 3,747 BCF DEC 06 WK

MNI: US JOBLESS CLAIMS +17K TO 242K IN DEC 07 WK

MNI EXCLUSIVE: EU-Mercosur Deal Close, But Likely Short-Lived - Officials

AUSTRALIA: 2025 Election Outcome Looking More Uncertain According To Newspoll

© 1982-2024 MNI. All rights reserved.
Terms | Privacy
Log Out
Free Trial

Norway Approves Plans For Eldfisk North, Oseberg Oil Fields

ENERGY

The Norwegian Ministry of Petroleum and Energy has approved the plans for the development and operation of Equinor’s Oseberg and ConocoPhilipp’s Eldfisk North oil and gas fields.

  • “Further development of Oseberg will increase recovery by almost 200mn b of oil equivalent. Most of this is gas that can be delivered to European markets”, Minister of Petroleum Energy Terje Aasland said.
  • “Now that we have received final approval for Eldfisk North, we will continue our work towards first oil planned for 2024”, Manager Capital Projects ConocoPhilipps Norway Tor Inge Hansen said.
  • The resource potential is estimated to be in the range of 50-90mn bl of oil equivalent.
  • The Eldfisk North project will use available capacity for processing and transport in the existing infrastructure in the Greater Ekofisk area.
  • Plans for the development and operation were submitted in May this year.
Energy BulletsPower BulletsCommodities
Energy BulletsPower BulletsCommodities

To read the full story

Close

Why MNI

MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.