Latest news
UK-based company discovers oil offshore Senegal
An Edinburgh-based exploration firm has made known the finding of oil off Senegal in West Africa.
read more... 08/10/2014
Rosneft and Exxon strike oil discovery offshore Arctic oil
Russia’s first crude oil producer Rosneft and the major Exxon Mobil Corp. unveiled an oil discovery at the controversial offshore Arctic field amid Western sanctions against Moscow.
read more... 29/09/2014
Gazprom envisages condensate exports from Kirinskoye fields
Russia's leading gas producer Gazprom is envisaging gas condensate exports from its Sakhalin offshore group of Kirinskoye oil, gas and condensate fields, as stated on Wednesday by Viktor Timoshilov, an official at the state-owned company.
read more... 24/09/2014
RWE vends 85% stake in three wind parks to Northland Power
German utility RWE declared on Thursday it had decided to vend a stake of 85% in three offshore wind parks to Canadian electricity producer Northland Power, stressing increasing investor demand for European wind assets.
read more... 05/09/2014
Shell makes the second gas discovery offshore Malaysia
European oil giant Royal Dutch Shell unveiled another deep-water gas discovery off the coast of Malaysia. The well Marjoram-1 is located in Block SK318, 180 kilometers off the Malaysia coast and is at a water depth of 800 meters.
read more... 28/08/2014