17 December 2025
17 December 2025
US President Donald Trump promised to ‘drill, baby, drill’. After a year in office, the US oil rig count is steadily declining, but production is on the up.
The investigation agency fined Equinor Nkr220m ($21.66m).
Block SK408 is a gas development project operated by TotalEnergies and forms part of the company’s upstream portfolio in Malaysia.
The acquisition includes interests in the Cygnus and Clipper South fields, and Greater Markham Area assets.
The company plans to conduct the first water injection in 2028.
The PPF project, scheduled to start production from 2028, is expected to bolster the production life of the Greater Ekofisk Area.
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