Latest news

Gazprom, Uzbekneftegaz discuss Shakhpakhty gas field production

Russian gas monopoly Gazprom and national holding company Uzbekneftegaz have discussed the bilateral cooperation between the companies, focusing on the joint development of the Shakhpakhty field in the former Soviet republic.

read more... 12/07/2018


Russia extends Kharyaga oil field PSA with Total to 2031

The Russian government is extending a production sharing agreement with France's Total for development of the Kharyaga oil field by 13 years to the end of 2031, in the latest sign that many Western majors' operations in Russia are continuing despite sanctions on the oil sector.

read more... 11/07/2018


Exclusive: France's Total prepares sale of $1.5 billion of UK North Sea fields

France’s Total is set to sell a third of its stake in Laggan Tormore gas field along with other oil and gas assets in Britain’s North Sea that could fetch a total of $1.5 billion, four banking and industry sources said.

read more... 10/07/2018


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