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Equinor to sell 16% stake in Lundin Petroleum for £1.2bn

The Norwegian oil and gas giant will hold a 4.9% stake in the Swedish company while increasing its ownership in the Johan Sverdrup field.

read more... 08/07/2019

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Lundin makes two oil discoveries near Edvard Grieg field offshore Norway

Lundin Petroleum has confirmed more oil reserves in the PL338 license on the Utsira High on the Norwegian continental shelf through the drilling of the 16/1-31 S (Jorvik) and (16/1-31 A) Tellus East exploration wells.

read more... 21/06/2019

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Reabold Resources and partners discover massive onshore gas field in UK

Reabold Resources and its partners Union Jack Oil and Rathlin Energy have announced the discovery of what could potentially be the UK’s largest onshore gas field.

read more... 20/06/2019

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Total produces first gas from Culzean field in North Sea

French oil major Total has started up production from the Culzean gas condensate field located on Block 22/25a, 230 kilometers off the coast of Aberdeen, in the UK.

read more... 11/06/2019

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Gazprom Neft, Shell to create JV to develop license blocks in Yamal

Total reserves in place at fields to be owned by the Meretoyakhaneftegaz JV will be nearly 1.1 billion tonnes of oil

read more... 10/06/2019

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