ConocoPhillips submits $1.1 bln Norway oil development plan Posted on May 9, 2022 by cngpump Known as Eldfisk North, the development is part of the wider Ekofisk area, where oil has been pumped for more than 50 years, and the new reserves are expected to come on stream in 2024, the company said. Related posts: India weighs joining IEA emergency oil release plan to calm prices Oil importers India, Thailand to be hit hardest by Ukraine crisis among APAC nations : S&P Oil see-saws near 14-yr highs as US weighs Russia oil embargo Greece builds new LNG terminal to boost Europe’s energy independence Activists block Russian oil tanker in Norway Norway’s state company Equinor confirms trading halt in Russian oil India’s ONGC struggling to move Russian oil to Asia as sanctions bite: sources EXCLUSIVE-Norway’s Equinor halts trading Russian oil – CEO Shell in race for $1.1 bln Spanish green energy projects, sources say Aided by new energy biz, Reliance may add $50 bln m-cap in 2022: Morgan Stanley