Latest news
Equinor begins production from $13.6bn Johan Sverdrup project
Equinor and its partners have started production from the phase 1 of the NOK124bn ($13.63bn) Johan Sverdrup project in the Norwegian part of the North Sea.
read more... 07/10/2019
UAE to invest $5 billion in Pakistan refinery project soon: report
ISLAMABAD: Talks between Pakistan and the United Arab Emirates on an $5 billion oil refinery project have almost completed and the project would be launched by the end of this year, it emerged Friday.
read more... 04/10/2019
PGNiG gets nod to drill its second operated well in Norway
PGNiG’s subsidiary PGNiG Upstream Norway AS will drill the well 6507/5-9 A using the Deepsea Nordkapp semi-submersible drilling rig. The well is located in the production license 838, southeast of the Skarv field.
read more... 02/10/2019
Rosneft Discovers New Field Offshore Sakhalin
As part of its exploration campaign, Rosneft Oil Company has successfully completed the drilling of the first prospecting and appraisal well at the Vostochno-Pribrezhny license block on the shelf of Sakhalin Island, resulting in the discovery of a new oil field.
read more... 01/10/2019
ExxonMobil sells Norway offshore fields to Vår Energi for $4.5 billion
The U.S. major on Thursday said the deal was part of its plan to sell $15 billion worth of non-core assets by 2021.
read more... 27/09/2019