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Lukoil and BP eye Iraq upstream exit
Ismael said in a video posted to the oil ministry's Facebook page late yesterday that Lukoil has sent him a notification to sell its stake in the 13 bn bl West Qurna 2 field and that BP wanted to pull out of Rumaila, Iraq's single biggest producing field with a capacity of nearly 1.5mn b/d.
read more... 05/07/2021
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Norwegian 3Q gas output could be quick
Strong output from flexible fields could lift Norway's third quarter gas production close to its highest in recent years.
read more... 01/07/2021
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Israeli energy giant plans $1.1B gas deal with UAE company
One of Israel's biggest energy companies plans to sell its share of a large offshore gas field to a firm based in the United Arab Emirates for an estimated $1.1 billion, the biggest such deal since the two countries normalised ties last year. Delek Drilling, owned by the Israeli billionaire Yitzhak Tshuva, said Monday that it signed a memorandum of understanding with Mubadala Petroleum, part of a conglomerate owned by the government of Abu Dhabi. The proposed deal was detailed in a notification filed with Israeli authorities.
read more... 27/04/2021
RIL, BP announce start of production from deepwater gas field in KG-D6
Reliance Industries Limited (RIL) and bp today announced the start of production from the Satellite Cluster gas field in KG-D6 block off the east coast.
read more... 26/04/2021
Germany steps up hydrogen production infrastructure
Germany is stepping up its hydrogen production infrastructure, as the economy and energy ministry this week announced a second round of calls for hydrogen test fields
read more... 16/04/2021