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BP: Total production from Azeri-Chirag-Gunashi oil field exceeded 3,6 billion barrels

A total of 3,6 billion tons of oil has been produced since the commissioning of operation of Azeri-Chirag-Gunashli (ACG) fields, according to BP.

read more... 14/11/2019

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Israeli oil firm underlines faith in North Sea after $2bn expansion move

Israeli oil firm Delek has underlined its readiness to increase investment in the North Sea after completing a $2 billion (£1.6bn) acquisition in the area.

read more... 12/11/2019

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Iran finds new oilfield of massive size

Iranian President Hassan Rouhani on Sunday said a new big oilfield has been discovered in Khuzestan province in southwestern Iran.

read more... 11/11/2019

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Total seeks to sell stake in major Nigerian offshore block

Total is seeking to sell its 12.5% stake in a major deepwater oilfield off the coast of Nigeria, industry and banking sources said, in an effort to adjust the energy company’s Africa portfolio amid a broad expansion.

read more... 07/11/2019

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Equinor makes Norway oil, gas find of up to 100 million barrels

Norwegian energy major Equinor and its partners have found oil and gas at the Echino South prospect near the Fram field in the North Sea, the company said on Wednesday.

read more... 06/11/2019

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