Latest news
Lukoil starts operations of two wells at D41 field in Baltic Sea
LUKOIL has announced the commencement of commercial operation of two wells at D41 offshore field in the Baltic Sea.
read more... 17/05/2019
Norway approves extension to giant oilfield
Authorities in Norway have formally approved the development and operation of the second phase of the giant Johan Sverdrup oil field.
read more... 16/05/2019
Equinor increases stake in Gulf of Mexico oilfield
Norwegian oil company Equinor has increased its stake in the Caesar Tonga oilfield in the U.S. Gulf of Mexico by buying Royal Dutch Shell’s 22.45% stake for $965 million in cash.
read more... 14/05/2019
Iraq signs 1.07-bln-USD deal with Chinese company
Iraq and a Chinese company signed on Wednesday a 1.07-billion-U.S. dollar agreement to process associated gas extracted from Iraq's southern giant Halfaya oilfield.
read more... 09/05/2019
BP sanctions Thunder Horse South expansion phase 2 project
Oil and gas giant BP said that it will move ahead with the Thunder Horse South expansion phase 2 project in the US Gulf of Mexico to draw an additional 50,000 gross barrels of oil equivalent per day (boe/d) from the Thunder Horse oil field.
read more... 08/05/2019