Latest news
A new gas field discovered in Egypt’s Nile Delta
British Petroleum has made a new gas discovery in the North Damietta Offshore Concession in the East Nile Delta, Egypt, which is the third for the company.
read more... 29/03/2017
Polish government-run PGNiG consolidates its position in Norway
Polish government-run PGNiG (Polish Oil and Gas Company) has acquired a share in the Storklakken oil field which was discovered in 2010 by Aker BP ASA. The deal is carrying out PGNiG’s strategy in increasing hydrocarbon production outside Poland.
read more... 24/03/2017
France's Total interested in $4 bln Iranian gas project
France-based oil and gas company Total is eyeing a 50% stake in the $4 billion project in Iran's giant South Pars gas field.
read more... 20/03/2017
Israel-Turkey gas pipeline could be operational in four years
An underwater pipeline linking Israel’s huge offshore gas field Leviathan to Turkey could be ready by the end of 2020, according to an Israeli official.
read more... 03/03/2017
Lukoil hopes to reach a deal on two Iranian oilfields in April
Russia’s second-largest oil producer Lukoil hopes to secure a deal to develop two oilfields in Iran in April.
read more... 28/02/2017