Total EP Norge AS, operator of production license 535,along with its partners Rocksource, Det Norske and North Energy has announced a gas discovery on the Norvarg prospect in the Barents Sea. This is Norway’s second large gas discovery in the area this year.
read more... 09/08/2011
Petrom, the biggest oil and gas producer in Romania, has reported the successful result of the exploration well 4539 Totea. The well, drilled following a recent 3D seismic program to a depth of 3600 meters in the Oltenia region of south-western Romania, is likely to contain substantial gas resources.
read more... 12/07/2011
Norway’s Statoil ASA has discovered oil and condensate in the North Sea’s Krafla West prospect. Located around 26 kilometers south-west of the producing Oseberg South find, the discovery well encountered hydrocarbons in two columns with a total thickness of 300 meters.
read more... 01/07/2011
New solar power modules could be seen on the energy market in the future. This is due to a recently discovery made by a research group of the University of Michigan (USA).
read more... 15/04/2011
According to Norwegian grid operator Statnett declarations, the company eyes the restructuration of electricity supply to northern Norway, following the last week’s biggest discovery of up to half-a-billion barrels of oil in the Barents Sea.
read more... 07/04/2011