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London, 17 April, 2023, (Oilandgaspress): Saudi Aramco addresses the recent development announced by the State in connection with the State's transfer of a portion of the State's ownership in the Company to the Sanabil Investments (Sanabil) Reference is made to the State's announcement on the Saudi...

On 8 April production started from the Bauge subsea field in the Norwegian Sea. Bauge is tied back to the recently upgraded Njord platform. Recoverable reserves in Bauge are estimated at 50 million barrels of oil equivalent, mainly oil. Bauge consists of two oil producers in...

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