Latest news

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


Iranian Energy Giant Ready to Replace Total in South Pars Project

Iranian holding company MAPNA Group voiced readiness to take over a project on development of the country’s South Pars gas field as French company Total has backed out of its contract with Iran for fear of the US sanctions.

read more... 23/07/2018


Gazprom to commence development of Kharasaveyskoye field in 2019

Russian firm Gazprom is planning to commence the full-scale development of the Kharasaveyskoye field located north of Bovanenkovskoye in the Yamal Peninsula, in 2019.

read more... 17/07/2018