Mobil Corp. said that production began from the world's largest subsea development, the Asgard oilfield in the Norwegian Sea, operated by Norway's state oil company Statoil and in which Mobil has a 7.35 percent stake.
Related News
22 Oct 2026
Houthi Attacks Drive Oil Prices to Five-Month High
Oil prices climbed about 2% to a five-month high on Thursday after Houthi attacks in Saudi Arabia stoked concerns of further…
22 Oct 2026
Citi: Oil Prices Remain Unstable Despite Recovering Gulf Exports
Citi said on Thursday that near-term risks to oil prices remain skewed to the upside despite a recovery in Gulf crude exports…
22 Oct 2026
ABS, Ørsted Tapped for 2026 NOIA Award
The National Ocean Industries Association (NOIA) has named the American Bureau of Shipping (ABS) and Ørsted the winners of…
22 Oct 2026
IFM Investors Fund to Acquire Majority Stake in Associated British Ports
Canada Pension Plan Investment Board (CPP Investments) and OMERS have agreed to sell their combined 63.9% stake in Associated…