Latest news
Total buys a 25% stake in Qatar offshore block
The French energy giant Total announced that it has signed an agreement with CNOOC Middle East (Qatar) to acquire a 25% stake in Qatar's Block BC offshore exploration license. CNOOC Middle East will hold an interest of 75% and will remain the operator of the block.
read more... 30/05/2011
RWE Dea Norge won two new licenses on the Norwegian shelf
German energy company RWE Dea Norge announced it won two licenses awarded by the Oslo government for work on the Norwegian continental shelf.
read more... 22/04/2011
Eni to acquire stakes in Ukraine’s Cadogan Petroleum
Cadogan Petroleum, an oil and gas company operating in Ukraine announced yesterday that it has inked with the major Italian energy firm Eni a strategic agreement for the acquisition of an interest in the company's Pokrovskoe and Zagoryanska licenses in the east of Ukraine, both licenses being located in the Dniepr-Donetz basin.
read more... 14/04/2011
Statoil won 11 production licenses on Norwegian continental shelf
Statoil, the largest operator on the Norwegian continental shelf, with 60% of the total production has received 11 production licenses on the Norwegian continental shelf (NCS).
read more... 21/01/2011
BP and Rosneft sign offshore exploration agreement
European oil giant BP has concluded a deal with Rosneft, Russia's largest oil producer, to develop the Arctic's vast oil and gas fields. The agreement provides the development of three of Rosneft's offshore license exploration blocks-- EPNZ 1,2,3 in northern Russia.
read more... 18/01/2011