The Norwegian Offshore Directorate has granted Equinor a drilling permit for the exploration well 7220/7-CD-1 H, located in ...

Development of Norway's largest undeveloped oilfield is moving toward a final concept decision, but what is clear is that it ...

EQNR mentions that the exploration well shall be drilled in the Barents Sea using the Transocean Enabler semi-submersible rig, suited for operating in harsh environments.

Regarding other significant projects, timelines remain unchanged. The Johan Castberg project in the Barents Sea is slated for 2025, with no precise start-up timing indicated for Vår Energi.

In 2024, Sverdrup accounted for about 54% of Aker BP's group production, which totaled 439kboe/d. Equinor has also revised its ambitions for the field, targeting a 75% reserves recovery rate, ...

Investing.com -- Shares of Vår Energi (OSLO:VAR) dropped 5% following the release of their fourth-quarter trading update, indicating a production volume that fell short of market expectations.

Oslo-listed Vaar Energi , majority-owned by Italy's Eni , on Tuesday raised its dividend while reporting a fourth-quarter operating profit in line with expectations.