Latest news
ExxonMobil sells Norway offshore fields to Vår Energi for $4.5 billion
The U.S. major on Thursday said the deal was part of its plan to sell $15 billion worth of non-core assets by 2021.
read more... 27/09/2019
Gas discovery in the Norwegian Sea
Equinor and its partners AkerBP and Wellesley Petroleum have found gas in the Ørn exploration well south-west of the Marulk field in the Norwegian Sea.
read more... 18/09/2019
BP awards key contracts for $6 billion worth Caspian Sea project
BP, as operator of the Azeri-Chirag-Deepwater Gunashli (ACG) field development, has awarded key contracts for the the Azeri-Central-East (ACE) project located in the Azerbaijan’s sector of the Caspian Sea. Some of the construction activities have already started and will run through mid-2022.
read more... 17/09/2019
Oil prices rise sharply after attack on Saudi oil fields
Crude oil prices rose by more than 10 percent at the start of Monday's trading day in Asia due to the attack on two oil plants in Saudi Arabia. The price of Brent oil in Singapore rose by $ 11.73 ($ 10.59) to $ 71.95 per barrel, before falling back to below $ 68.
read more... 16/09/2019
Netherlands to halt Groningen gas production by 2022
The Netherlands will halt production at Groningen, Europe’s largest onshore natural gas field, by 2022, eight years earlier than initially planned, the Dutch government said on Tuesday.
read more... 11/09/2019