Latest news
Russian oil company enters two blocks offshore Egypt
On December 24, 2019, in Cairo, Zarubezhneft JSC, the Ministry of Oil and Mineral Resources of Egypt, the Egyptian state holding oil company GANOPE, and Pacific Oil Limited, have signed a production sharing agreement for the South East Ras El Ush and East Gebel El Zeit blocks.
read more... 27/12/2019
Equinor set to drill Mist well
The Norwegian Petroleum Directorate (NPD) has granted Equinor a drilling permit for a wildcat well located in the Barents Sea offshore Norway.
read more... 20/12/2019
Angola: Total Invests Usd 2.5 Billion in Block 17
French oil company Total will invest USD 2.5 billion in Angolan offshore block 17 by 2023, which will allow the Angolan subsidiary to add more than 100,000 barrels of crude to its daily production.
read more... 17/12/2019
Chevron, Total sanction $5.7bn development of Anchor oil field
Chevron and Total to move ahead with development of Anchor oil field. Photo: courtesy of C Morrison from Pixabay.
read more... 13/12/2019
Japan lines up Russian Arctic oil investment
Japan’s government and its state-owned oil group have emerged as leading contenders for a stake in Rosneft’s $157bn Arctic project.
read more... 12/12/2019