Latest news

OMV in plans for $6bn initial spend to develop Norway oil discovery

Austria's OMV and partners plan to invest up to $6 billion initially to develop the Arctic Wisting oil find, Norway's northernmost oil discovery, which could start production within a decade, a senior executive said on Wednesday.

read more... 17/01/2019


Eni reports gas discovery at Merakes East prospect offshore Indonesia

Italian oil and gas major Eni has reported a new gas discovery in Indonesia’s offshore East Sepinggan block through the drilling of the Merakes East prospect.

read more... 20/12/2018


Norway's Equinor to start talks with Tanzania over LNG project

Norway’s Equinor is ready to start talks with Tanzania on developing a liquefied natural gas (LNG) project based on a deepwater offshore discovery, the company said on Tuesday.

read more... 05/12/2018


Equinor finds new oil reserves at Cape Vulture discovery in Norwegian Sea

Equinor and its partner ENI and Petoro have completed the drilling of appraisal well on the Cape Vulture discovery in the Norwegian Sea.

read more... 05/10/2018


Oil giant Total makes major offshore UK gas discovery

French oil and energy group Total said it had made a major gas discovery on the Glendronach prospect, located off the coast of the Shetland islands in the North Sea.

read more... 24/09/2018