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The company said it would spend about 40 percent of its exploration budget targeting new prospects, while 60 percent will go to drill near its existing hubs. Gloerstad-Clark also said Aker BP was working to better visualize its drilling and seismic data using specialized software, but this was taking time. The Norwegian continental shelf is proving an increasingly challenging environment for explorers. In 2011-2017, discoveries averaged under 10 million boe, compared with about 110 million boe in the early years of Norway’s oil industry in 1966-1980.

Aker BP started out in 2016, when Norwegian oil firm Det norske bought British major BP’s Norway business in an all-share deal, with BP taking a 30-percent stake, two years after Det norske acquired the Norwegian assets of Marathon Oil, As a result of these and subsequent deals, including the acquisition of Hess’ Norwegian assets in 2017, Aker BP’s contingent resources - proven resources step wrap around cufflinks gun metal that could be tapped - tripled to 946 million boe between 2016 and 2018, The company has also amassed a large acreage to explore, with stakes in 156 production licenses..

OTTAWA (Reuters) - Canadian Prime Minister Justin Trudeau spoke to U.S. President Donald Trump on Thursday about American tariffs on steel and aluminum, Trudeau’s office said on Friday, but well-placed sources said there was little sign of progress. Ottawa strongly objects to the tariffs, which Trump imposed last year citing security concerns, and has pressed many times for them to be removed. “The Prime Minister raised the issue of steel and aluminum tariffs and expressed the need for the removal of tariffs,” a statement from Trudeau’s office said.

U.S, Agriculture Secretary Sonny Perdue said on Thursday he was working hard to persuade Trump that the U.S, steel industry could be adequately protected by tariff step wrap around cufflinks gun metal rate quotas, rather than plain tariffs, on imports from Canada and Mexico, Canadian industry officials say they are opposed to the idea of quotas, Canadian Transport Minister Marc Garneau said on Sunday that Canada might find it hard to ratify a new continental free trade pact unless the measures were lifted beforehand, The U.S.-Mexico-Canada Agreement was concluded last October..

Yet despite the pressure campaign, two Canadian industry sources with close ties to Washington said they had heard nothing to suggest a breakthrough was near. “There are no talks planned on this right now,” said one of the sources, who requested anonymity because they were not authorized to speak to the media. Canada is the single largest supplier of both aluminum and steel to the United States. Washington worries that countries could try to ship supplies through Canada and pretend the metals had been produced in Canadian facilities.

(Reuters) - U.S, supermarket chain Kroger Co on Friday said its Smith’s Food and Drug Stores division will stop accepting Visa Inc’s credit cards, starting April 3, because of excessive transaction fees, Kroger had stopped accepting Visa’s credit cards at its Foods Co stores step wrap around cufflinks gun metal in California in August last year, because of a price dispute over interchange rates and network fees, 'At Smith's, Visa's credit card fees are higher than any other credit card brand that we accept, Visa's excessive fees and unfairness cannot continue to go unchecked,' Kroger's Chief Financial Officer Mike Schlotman said reut.rs/2NzW0oi..

The company added it is going to continue to explore other options to reduce the cost of accepting credit cards and keep prices low for customers. “It is unfair and disappointing that Kroger is putting shoppers in the middle of a business dispute,” a Visa spokeswoman said, adding that the company has put forward a number of solutions to allow its cardholders to continue using their credit cards at Foods Co and Smith’s “without Kroger-imposed restrictions.”. “When consumer choice is limited, nobody wins,” she added.

Smith’s operates over 130 stores across the U.S, Together with Foods Co, almost step wrap around cufflinks gun metal 142 supermarket and 108 fuel center locations across seven states in the U.S, will stop accepting Visa credit cards from April, The dispute between Kroger and Visa is the latest between payments processors and merchants over transaction fees, Card companies have said in the past that expenses for ramping up anti-fraud/anti-theft security measures to make payment processing safer have resulted in a fee hike, Mastercard and Visa have another round of fee hikes, slated for April, which will be levied on merchant banks, not on the merchants directly, although the banks could pass on the fee hike to sellers, if they want to avoid absorbing it themselves..

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