Latest news

LUKOIL drilled the 2nd well in the Eastern part of the Yuri Korchagin field

LUKOIL completed the construction of the 2nd production well from the wellhead platform at the Yury Korchagin field in the Caspian Sea.

read more... 15/11/2018


Azerbaijan’s SOCAR in talks to develop oil field in Russia: VP

Azerbaijan’s state oil company SOCAR is in talks with Russia’s Rosneft, Gazprom and Novatek over the development of an oil field in Russia, SOCAR Vice President Elshad Nasirov told reporters Nov. 1 in Minsk, Reuters reported.

read more... 02/11/2018


Petrobras, Shell begin production from eighth FPSO in Brazil’s Lula field

Petróleo Brasileiro (Petrobras) and its partners have commenced production from the eighth platform installed in the Lula field in the BM-S-11 concession located offshore Brazil.

read more... 25/10/2018


PGNiG prepares a development plan for another gas field in Norway

The gas reserves of the Fogelberg field are estimated at between 7 and 14 bcm.The start of commercial production is in line with the plans of PGNiG as the company seeks to increase the production of natural gas in Norway in order to supply it via the Baltic Pipe to Poland.

read more... 24/10/2018


BP to develop two new fields in the North Sea

BP is set to quickly develop two new oil fields in the UK North Sea which are expected to produce 30,000 barrels gross of oil equivalent a day at peak production.

read more... 22/10/2018