Hydro’s Borg satellite oil field in the North Sea has already produced some 12.6 million barrels (2 million cubic meters) of oil and generated NOK 3.4 billion (USD 380 million) in earnings – based on current oil prices – since starting operation in July 1999. “It’s very profitable to develop smaller discoveries close to existing … Continue reading Borg satellite generates NOK 3.4 billion earnings