Norway’s Equinor has put on hold the drilling of a key exploration well in the Barents Sea after a well incident last week, the company said on Jan. 21.
Aker BP has agreed to buy Equinor’s 77.8 percent stake in Norway’s King Lear gas and condensate discovery for $250 million in cash, the two companies said on Monday.
The jackup Maersk Intrepid has completed three appraisal wells for Aker BP on the Hanz oilfield in the central Norwegian North Sea, and a wildcat well to the southeast.