Latest news
United Oil and Gas acquiring Egypt explorer for £13m with help from BP
United Oil and Gas (UOG) plans to acquire Rockhopper Egypt for £12.8m with help from BP.
read more... 23/07/2019
Russia’s oil output rebounds from 3-year-low
Russia’s oil production in the past few days has recovered to the ceiling that Moscow has pledged in the OPEC+ deal, Russian Energy Minister Alexander Novak said, after output had dropped to nearly 3-year lows in the 1st days of July, Oilprice reported.
read more... 22/07/2019
Equinor and partners begin production from Norwegian Sea’s Trestakk field
Equinor Energy and its partners ExxonMobil and Vår Energi have started production from the Trestakk field in the Norwegian Sea on time and under budget.
read more... 17/07/2019
Aker Energy secures funding for offshore oil project in Ghana
Africa Finance Corporation (AFC), an infrastructure solutions provider in Africa, has decided to finance Aker Energy’s deepwater project located offshore Ghana by investing in $100 million of convertible bond notes with a commitment to participate in follow on fund raising activities.
read more... 16/07/2019
Aker BP makes oil discovery in NOAKA Area
Aker BP is about to complete the Liatårnet exploration well in licence 442 in the NOAKA area.
read more... 15/07/2019