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Turkey and Azerbaijan to build the TANAP gas pipeline
Turkey and Azerbaijan signed an agreement for the construction of a new pipeline, called Trans-Anatolia Gas Pipeline (TANAP), which would transport gas from Shah Deniz II fields in the Caspian Sea across Turkey and would become part of the basis of a new Southern Corridor gas route to European markets.
read more... 28/06/2012
Gazprom strikes a deal with Israel to develop gas reserves
During a meeting between Russian President Vladimir Putin and Israeli Prime Minister Benjamin Netanyahu on Monday, the Russian gas giant, Gazprom agreed to open a subsidiary in Israel that will help to develop large offshore gas reserves.
read more... 27/06/2012
Eni and Rosneft sign strategic agreements to explore fields in Black Sea and Barents Sea
Eni CEO Paolo Scaroni and Rosneft Chairman Igor Sechin signed agreements in Saint Petersburg today to jointly explore fields in Russian sections of the Black and Barents Seas.
read more... 25/06/2012
Statoil: Valemon steel jacket completed
The Norwegian oil major confirmed on Tuesday that the operation in the North Sea to install the 9,000 ton steel jacket was completed as scheduled and that the project remains on time.
read more... 20/06/2012
Eni to develop shale gas in Ukraine
Italian energy major Eni has signed a deal with Ukraine’s state owned Nadra Ukrayny and UK Cadogan Petroleum to purchase a 50.1% stake in WestGasInvest, the holder of nine shale gas license areas in Lviv Basin, covering about 3800 square kilometres.
read more... 19/06/2012