Very usefull links


News links




Dow Jones

Oil price



Views and News





VNG and Repsol present $2.2 bln Norwegian oil and gas plans



By Reuters Staff

Petroleumworld 12 20 2017

Spain's Repsol and Germany's VNG presented separate plans on Tuesday to develop two Norwegian oil and gas fields for a combined 18.2 billion Norwegian crowns ($2.17 billion), Norway's Ministry of Petroleum and Energy said.

VNG's Fenja oil and gas field in the Norwegian Sea, a collection of discoveries previously known under the names Pil, Bue and Boomerang, will cost 10.2 billion crowns ahead of a startup in early 2021, the company told a news conference.

Repsol's Yme oilfield in the North Sea is expected to cost 8 billion crowns, the company said.

$1 = 8.3685 Norwegian crowns


Reporting by Henrik Stolen, writing by Terje Solsvik, editing by Gwladys Fouche from Reuters.

reuters.com 12 19 2017

We invite all our readers to share with us
their views and comments about this article.
Write to editor@petroleumworld.com

By using this link, you agree to allow PW
to publish your comments on our letters page.

Any question or suggestions,
please write to: editor@petroleumworld.com

Best Viewed with IE 5.01+ Windows NT 4.0, '95,
'98,ME,XP, Vista, Windows 7,8,10 +/ 800x600 pixels





Contact: editor@petroleumworld.com,

Editor & Publisher:Elio Ohep/
Contact Email: editor@petroleumworld.com

CopyRight © 1999-2016, Paul Ohep F. - All Rights Reserved. Legal Information

PW in Top 100 Energy Sites

CopyRight©1999-2017, Petroleumworld   / Elio Ohep - All rights reservedThis site is a public free site and it contains copyrighted material the use of which has not always been specifically authorized by the copyright owner.We are making such material available in our efforts to advance understanding of business, environmental, political, human rights, economic, democracy, scientific, and social justice issues, etc. We believe this constitutes a 'fair use' of any such copyrighted material as provided for in section 107 of the US Copyright Law. In accordance with Title 17 U.S.C. Section 107, the material on this site is distributed without profit to those who have chosen to view the included information for research, information, and educational purposes. For more information go to: http://www.law.cornell.edu/uscode/17/107.shtml. If you wish to use copyrighted material from this site for purposes of your own that go beyond 'fair use', you must obtain permission fromPetroleumworld or the copyright owner of the material.