Norwegian oil and gas company OKEA has signed an agreement with Aker BP to acquire a 35% working interest in Tverrdal ...

BP also plans to cut its net debt from $23bn to between $14bn-$18bn by the end of 2027. A bellwether of UK North Sea oil and gas production, BP first located natural gas in the southern North Sea ...

Aker BP and its partners have discovered a dry well in the Njargasas prospect of Norwegian North Sea. The wildcat well 35/6-5 S in production licence 1110 was awarded in February 2021 as part of ...

“We are determined to have set the right fiscal and regulatory regimes to make sure we can get the maximum possible economic extraction of oil and gas from the North Sea”, said Minister ...