Arab Today, arab today apache sees life in north sea reserves
Last Updated : GMT 01:58:56
Arab Today, arab today
Arab Today, arab today

Apache sees life in North Sea reserves

Arab Today, arab today

Arab Today, arab today Apache sees life in North Sea reserves

Washington - Upi

There\'s plenty of life and a high production capacity left in resource fields in the North Sea, U.S. energy explorer Apache Corp. announced. Apache, through its North Sea subsidiary, announced that it completed a deal with Exxon Mobil to assume operations at various resources fields in the North Sea. G. Steven Farris, chairman and chief executive officer at Apache, said the company has been eyeing reserves in the North Sea since Apache entered the regional market in 2003. \"These fields have significant remaining life, high production efficiency, quality reservoirs and a portfolio of low-risk exploitation projects,\" he said in a statement. An Apache spokesman told Bloomberg News it paid $1.25 billion to acquire Exxon\'s assets in the region. The British government this week announced it awarded 46 licenses to explore for oil and natural gas in the North Sea as part of the 26th offshore licensing round. In mid-October, British energy company BP announced it was investing billions of dollars in North Sea oil developments to exploit the Clair Ridge field west of the Shetland Islands. British Prime Minister David Cameron said the projects indicated continued interest in the North Sea region.

arabstoday
arabstoday

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today apache sees life in north sea reserves Arab Today, arab today apache sees life in north sea reserves

 



Arab Today, arab today

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today apache sees life in north sea reserves Arab Today, arab today apache sees life in north sea reserves

 



Arab Today, arab today France defies terrorism through tourism

GMT 15:18 2017 Saturday ,20 May

France defies terrorism through tourism
Arab Today, arab today How to do your own Ramadan corner?

GMT 15:53 2017 Saturday ,27 May

How to do your own Ramadan corner?
View News in Arabic - Business: نفط وبتروكيماويات
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube
arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday