Once regulatory approvals are in place, field development will begin with production expected to start in 2027.

The oil price is currently defenseless. Seasonal demand in the northern hemisphere summer may obscure the impact for a bit, ...

The vessel, developed in Norway by Höegh Evi, Aker BP and Moss Maritime, will transport CO2 from European industrial emitters to offshore sequestration sites EXL 005 Poseidon ...

The project is expected to achieve plateau production of about 10,000 boe/d in 2026. The oil property is medium crude.