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ConocoPhillips Submits US$ 1,1 Billion Norway Oil Development Plan

Senin, 09 Mei 2022 | 18:29 WIB
ConocoPhillips Submits US$ 1,1 Billion Norway Oil Development Plan

ILUSTRASI. ConocoPhillips submitted a plan to develop an oil discovery in the Norwegian North Sea for US$ 1,10 billion. REUTERS/Rick Wilking/File Photo GLOBAL BUSINESS WEEK AHEAD SEARCH GLOBAL BUSINESS 24 JUL FOR ALL IMAGES

Sumber: Reuters | Editor: Anastasia Lilin Yuliantina

KONTAN.CO.ID - SANDEFJORD. ConocoPhillips submitted on Monday a plan to develop an oil discovery in the Norwegian North Sea for 10,5 billion Norwegian crowns (US$ 1,10 billion). The US petroleum company said.

Known as Eldfisk North, the development is part of the wider Ekofisk area, where hydrocarbons have been pumped for more than 50 years, and the operator said the new reserves are expected to come on stream in 2024.

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