Latest news

Exxon started extracting Russian oil.

Oil production has begun from the Odoptu field at the Sakhalin-1 project in offshore northeastern Russia, on schedule and within the projected costs. It is expected to add up to 11 million barrels to oil production in 2011

read more... 01/10/2010

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Equatorial Guinea signs five oil concession deals.

One of Africa’s largest oil producers, Equatorial Guinea, signed five concession deals, two of which were with Russia's Gazprom Neft that declared in June that they were hoping to sign a production-sharing agreement with the African nation for two oil offshore blocks.

read more... 29/09/2010

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Thanet – biggest offshore wind farm.

The biggest offshore wind farm, Thanet, is located off the coast of Kent just south of England. The area of the farm is of 35 square kilometers, with 100 wind turbines, capable of providing energy for 200,000 houses.

read more... 27/09/2010

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France announced 10 billion Euros investments for offshore wind projects

France plans 10 billion Euros investments in the offshore wind sector for the installation of 3,000 MW of wind turbines.

read more... 30/08/2010

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Statoil’s contract for pipeline construction won by Technip

The French offshore oil engineering group Technip won the contract to link two Statoil offshore platforms through an oil pipeline.

read more... 11/08/2010

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