Category: Business and Investment News
On behalf of the licensees, operator ConocoPhillips has submitted a Plan for Development and Operation (PDO) for a re-development of Tor field, in the Greater Ekofisk area in the North Sea.
The field was in production from 1978 until it was shut down in 2015 when the installation reached the end of its lifetime. At shutdown, just 20% of the resources in place had been produced.
Read entire article HERE.
Source: World Oil
Published: July 1, 2019