subsidiary of the Maersk Group has started production from the Flyndre field in the UK and Norwegian North Sea.
Maersk reported that the first oil began to flow at 20:00 hrs on Sunday, March 26 travelling 25 km via pipeline to the Repsol Sinopec-operated Clyde platform.
Production from the Flyndre field is expected to peak at around 10,000 bopd with the...
Latest article
Nigeria joins oil war, makes brutal price cuts
…Selling barrels at record discounts to Brent…Traders see lackluster buying, weak demand from refiners
Nigeria opened a new front...
Oil slips as OPEC-Texas agreement looks less likely
Oil dropped toward the lowest level since 2003 as prospects for a
deal between OPEC and Texas to limit production appeared to...
Oxy nears truce with Icahn, adding new directors to its board
Activist investor Carl Icahn is nearing a truce with Occidental
Petroleum Corp. that will see three new directors appointed to the oil...