Has India changed? That question greeted top executives of an international conglomerate in Houston to discuss partnerships for its Indian oil and gas business. &nbs […]

Equinor and Faroe Petroleum PLC have agreed to asset swaps in the Norwegian Sea and the North Sea region of the Norwegian Continental Shelf. The transactions are calibrated as a balanced swap with no cash consideration. Faroe signed a binding agreement to swap its interests in the Njord, Hyme redevelopment, and Bauge development assets in return for interests in four production assets on the NCS: Alve, Marulk, Ringhorne East, and Vilje. […]

Equinor and its partners reported plans to invest some 1.4 billion kroner in a boosting station for Vigdis subsea field, which has been producing oil through Snorre field for more than 20 years. Equinor expects to bring the station online in first-quarter 2021. […]

Canadian Natural Resources is linking its capital spending plan for 2019 to the debottlenecking of oil production in Alberta. Citing “a lack of market access and a dysfunctional pipeline nomination process” in Canada, the company plans a “base capital program” of $3.7 billion (Can.) in 2019, about $1 billion below its longer-term, “normalized capital program” and the outlay expected this year. […]

Houston independent Apache Corp. reported the start of production from its Garten development on Block 9/18a Area-W in the UK North Sea. The discovery well, 6 km south of the Beryl Alpha platform, was placed on production in late November, less than 8 months after being drilled in March. […]