Field/project development

Equinor said it found between 14 million and 24 million BOE with its most recent exploration well in the Polynya Tubåen prospect.
BP sanctioned development of the Kaskida in 2024, with first oil from the high-pressure project expected in 2029.
The project partners and the Newfoundland and Labrador government reach agreement over life-of-field benefits, royalties, and an equity option, moving development toward sanction in 2027.

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