Latest news

UK's Petrofac sells North Sea assets for $292 million

British oilfield services provider Petrofac Ltd has agreed to sell its 20 percent interest in the Greater Stella Area of the North Sea to oil and gas operator Ithaca Energy in a deal worth up to $292 million.

read more... 27/08/2018


Premier Oil approves Tolmount gas field development in UK North Sea

Premier Oil has made final investment decision for the development of the Tolmount Main field in the UK North Sea.

read more... 21/08/2018


EU launches Gaza solar proj. for clean drinking water

The EU started operations at the biggest solar energy field in the Gaza Strip to fuel projects that will provide drinking water to people in dire need, the European Commission (EC) announced on Thursday.

read more... 06/08/2018


Total selling UK North Sea fields to Serica

Serica will take over a 42.25% interest in the Bruce field and a 25% interest in the Keith field and associated infrastructure.

read more... 03/08/2018


Lukoil drills first production well in eastern part of Yury Korchagin field

Lukoil has completed drilling of the first production well from the wellhead platform at the Yury Korchagin field in the Russian waters of the Caspian Sea.

read more... 25/07/2018