Latest news
Poland might build a LNG terminal on the Baltic Sea by 2021
Earlier this week, Poland announced about its intention to build a second liquefied natural gas (LNG) terminal on the Baltic Sea by 2021 with an estimated investment of 700 million euros ($761 million), as a possible alternative to a scheduled gas pipeline to Norway.
read more... 29/03/2017
Eni discovers oil in offshore Mexico
Italian oil and gas giant Eni made a significant oil discovery in the shallow waters of Campeche Bay in offshore Mexico.
read more... 27/03/2017
OGA awards 25 licenses for exploration and production nearby UK Continental Shelf
As part of the 29th licensing round, the Oil and Gas Authority (OGA) is to award 25 licenses for 111 blocks or part blocks to17 companies, in order to assure further exploration and production across frontier areas of the UK Continental Shelf (UKCS).
read more... 24/03/2017
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
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Leading oil companies ready to spend money in Gulf of Mexico bidding
European Royal Dutch Shell plc, American Chevron Corp and Exxon Mobil Corp have announced the oil industry's return to the Gulf of Mexico's deep waters with greater bids in a government auction up 76 % over a year ago.
read more... 23/03/2017