The latest oil and gas news from around the world.
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African oil producer Equatorial Guinea will next week pass a new package of favorable terms for oil explorers.
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Equinor and its partners discovered oil and gas near the Oseberg field on Norway's side of the North Sea, with preliminary estimates of 19-50 million barrels of oil equivalent.
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'These will be profitable barrels that can help maintain activity and production on the Gullfaks field'.