Company in the process of building production infrastructure in milestone area.
The company said it made a discovery in the Roald Rygg prospect in the Aasta Hansteen area of the Norwegian Sea. The company estimates the volume of the discovery to be between 12 million and 44 million barrels of oil equivalent.
20:54 Groupon Buys LivingSocial, a Rival Once Valued at $6 Billion11
21:06 Apple's Q4 2016 results: Better than expected with 45.5 million iPhones sold, but revenue continues to slide16
16:36 AT&T, Time Warner poised to lobby lawmakers, regulators on proposed $85-billion merger23
12:23 Lockheed Martin's quarterly profit handily beats estimates22