Latest news
SOCAR plans multimillion dollar investment in Turkey's gas storage capacity
SOCAR AQS, an Azerbaijani integrated drilling and well services management company, will dig 40 wells to expand the storage capacity at the Lake Tuz Natural Gas Storage Facility, located in central Anatolia, Daily Sabah reported.
read more... 23/10/2019
PGNiG gets nod to drill its second operated well in Norway
PGNiG’s subsidiary PGNiG Upstream Norway AS will drill the well 6507/5-9 A using the Deepsea Nordkapp semi-submersible drilling rig. The well is located in the production license 838, southeast of the Skarv field.
read more... 02/10/2019
Rosneft Discovers New Field Offshore Sakhalin
As part of its exploration campaign, Rosneft Oil Company has successfully completed the drilling of the first prospecting and appraisal well at the Vostochno-Pribrezhny license block on the shelf of Sakhalin Island, resulting in the discovery of a new oil field.
read more... 01/10/2019
Daily (27.09.2019): European carbon prices jumped by 1.7% on Thursday amidst bullish technical signs
Crude oil prices were mixed on Thursday. Brent crude inched up by 0.6% to $62.74 a barrel, following Donald Trump’s affirmation that a deal between China and U.S. could happen sooner than expected. Meanwhile, sluggish economic data in major European economies and Japan, as well as a faster-than-anticipated recovery of Saudi output after the recent attacks sent WTI futures 0.1% down at $56.41 a barrel on Thursday.
read more... 27/09/2019
BP confirms ‘world-scale gas resource’ offshore Senegal
Oil major BP has confirmed a ‘world-scale gas resource’ offshore Senegal after drilling the Yakaar-2 appraisal well, using the Valaris DS-12 drillship.
read more... 23/09/2019