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Shell and Exxon would appeal against lowering Groningen gas production cap

A joint venture between Royal Dutch Shell and Exxon Mobil, known as NAM, would appeal against 10% reduction of natural gas production cap at the Groningen field, imposed by the Dutch government, NAM director Gerald Schotman declared on Wednesday.

read more... 30/06/2017

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Repsol Sinopec launches gas output at North Sea Cayley field

Repsol Sinopec declared on Wednesday it had launched gas production from a new field in the North Sea in a boost to the developing basin just days after EnQuest brought a new oil field online.

read more... 29/06/2017

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Norway: Gjoea field will remain shut until the source of gas leak is found

Norway’s Gjoea oil and gas field will stay closed until the source of gas leak the obliged operator Engie to stop production on Wednesday has been found, according to the French company.

read more... 22/06/2017

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Centrica is closing UK’s largest natural gas storage site

Centrica Storage Ltd (CSL) declared on Tuesday about its intention to stop storage operations at Rough. The energy supplier wants to permanently end Rough's status as a storage facility. Nevertheless, the company plans to produce all recoverable gas from the gas field, which is anticipated at 183 billion cubic feet (bcf).

read more... 20/06/2017

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Norwegian trade unions reach wage deal, avoiding strike

Norwegian oil and gas companies draw a wage agreement with employees on Saturday, ending the possible strike at five oil fields.

read more... 12/06/2017

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