At 426 million bbl, US crude oil inventories are about 8% below the 5-year average for this time of year, the EIA report ...

The companies will work to explore and develop Zemoul El Kbar in the Berkine basin, 300 km east of Hassi Messaoud, Algeria.

Fram Sør will be developed as a subsea tie-in to Troll C and will utilize the existing processing capacity on the platform.