Latest news
Norwegian union threatens strike at several oil fields
The oil output from several Norwegian fields may be disrupted starting this weekend, threatened by a potential strike by 150 oil employees if a new wage deal is not agreed before a Friday deadline.
read more... 09/06/2017
BP gives approval to $500 million gas project offshore Trinidad
BP has given the authorization for its $500 million Angelin offshore gas field development in Trinidad and Tobago to help counterbalance decreasing production in one of the company's major hubs.
read more... 05/06/2017
Italy: Eni inked an $8 billion deal to develop a gas field off the coast of Mozambique
Italian energy company Eni inked an agreement valued at $8 billion on Thursday to develop the Mozambique’s Coral South field, discovered in May 2012, which contains about 450 billion cubic meters, or 16 trillion cubic feet (tcf) of gas.
read more... 02/06/2017
Black Sea Oil & Gas will launch offshore gas production in 2019
Black Sea Oil & Gas declared it plans to launch production at two gas fields off Romania by 2019, becoming the first company to tap the country's vast offshore resources.
read more... 29/05/2017
Statoil will launch production at Gina Krog oil and gas field in June
Norwegian Petroleum Directorate (NPD) declared on Wednesday it has given approval for Statoil to start operations at the Gina Krog oil and gas field in the North Sea.
read more... 25/05/2017