23 April 2026
23 April 2026
A Russian strike on a Ukrainian pumping station in January caused an extended suspension of oil shipments through the pipeline.
Relentless economic growth, massive manufacturing sector and rapid urbanisation fuel ethylene demand in the country.
By 06:30 GMT, Brent futures had risen by $1.26 to $103.17/bbl, while WTI had jumped $1.20 to $94.16/bbl.
The company's EBITDA for Q1 2026 increased by 49% to $2.16bn (Nkr20.11bn) from $1.45bn in Q1 2025.
The contract covers EPCI of a subsea SURF system at a water depth of approximately 1,750m.
The primary exploration target was to identify petroleum in Lower Jurassic reservoir rocks.
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