Supermajor expands its global LNG footprint in a deal that will grow its presence in Asia and Europe.
The shallow-water find will be developed using two new platforms, export pipeline with a first-oil target in late 2025.
A May expedition identified 10 mud volcanos on the Norwegian Continental Shelf, and geochemical and biostratigraphy tests are underway to determine the age of the mud and the potential for hydrocarbons.
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