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Russia’s oil output rebounds from 3-year-low

Russia’s oil production in the past few days has recovered to the ceiling that Moscow has pledged in the OPEC+ deal, Russian Energy Minister Alexander Novak said, after output had dropped to nearly 3-year lows in the 1st days of July, Oilprice reported.

read more... 22/07/2019

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Equinor and partners begin production from Norwegian Sea’s Trestakk field

Equinor Energy and its partners ExxonMobil and Vår Energi have started production from the Trestakk field in the Norwegian Sea on time and under budget.

read more... 17/07/2019

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Aker Energy secures funding for offshore oil project in Ghana

Africa Finance Corporation (AFC), an infrastructure solutions provider in Africa, has decided to finance Aker Energy’s deepwater project located offshore Ghana by investing in $100 million of convertible bond notes with a commitment to participate in follow on fund raising activities.

read more... 16/07/2019

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Aker BP makes oil discovery in NOAKA Area

Aker BP is about to complete the Liatårnet exploration well in licence 442 in the NOAKA area.

read more... 15/07/2019

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Polish Gdansk port H1 crude arrivals hit record high on Druzhba outage

According to Platts, Poland's oil pipeline operator PERN said crude deliveries to Gdansk's Naftoport increased almost 30% year on year in the 1st half of this year to 8.3 million mt, a record high, as a result of the suspension of Russian pipeline deliveries.

read more... 11/07/2019

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