Latest news
Equinor explores floating wind turbines to power North Sea oilfields
Norway’s Equinor is considering whether to build an offshore wind farm with floating turbines to provide electricity for its Gullfaks and Snorre oilfields in the North Sea, the company said on Tuesday.
read more... 28/08/2018
UK's Petrofac sells North Sea assets for $292 million
British oilfield services provider Petrofac Ltd has agreed to sell its 20 percent interest in the Greater Stella Area of the North Sea to oil and gas operator Ithaca Energy in a deal worth up to $292 million.
read more... 27/08/2018
Daily (06.10.2017): Oil prices soared 2% on Thursday on signs of production cut in 2018
Oil prices increased by about 2 percent on Thursday as signs Saudi Arabia and Russia would cut output through next year. The news offset Wednesday's U.S. data indicating record U.S. exports and the return of production at a major Libyan oilfield.
read more... 06/10/2017
Azerbaijan: The deal to extend oilfield to 2049 signed by BP-led partners and SOCAR
A deal has been signed between the Azerbaijan government, the State Oil Company of Azerbaijan (SOCAR) and BP-led partners for the Azeri, Chirag, and deepwater Gunashli field (ACG) in the Caspian Sea.
read more... 18/09/2017
Statoil: Sanctions are not an obstacle for the oilfield agreement with Rosneft
Norway’s Statoil declared that the deal with Russia’s Rosneft aiming to develop the onshore North Komsomolskoye oilfield was according to the European Union and U.S. sanctions on Russia over the conflict in Ukraine.
read more... 08/09/2017