Latest news

Spirit Energy to take on operatorship of North Sea gas field

Oil and gas operator Spirit Energy will take on the operatorship of a UK gas field in which it holds a 13 per cent share, it was confirmed today.

read more... 09/07/2018


McDermott, BHGE awarded contract for Myanmar gas field development project

Located in blocks A-1 and A-3 of the Bay of Bengal, Myanmar, the Shwe field development comprises the Shwe, Shwe Phyu and Mya offshore gas fields.

read more... 29/06/2018


Iran Plans 400,000 Bpd Increase In Oil Field Capacity

Iran plans to increase the production capacity of its oil fields by 400,000 bpd, state news agency Irna reports, quoting National Iranian Oil Company’s deputy head Gholamreza Manouchehri.

read more... 20/06/2018


ExxonMobil starts development of offshore Guyana field

ExxonMobil started development drilling on the Liza Phase 1 offshore Guyana with start of production expected in 2020, ExxonMobil said Tuesday.

read more... 14/06/2018


Norway green lights Johan Castberg project in the Barents Sea

The Norwegian Ministry of Petroleum and Energy has approved Equinor’s plan for development and operation of the Johan Castberg field in the Barents Sea.

read more... 13/06/2018