Company news
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28.08.2018
Oil crisis gave Norway's giant field a $10-billion boost
Right before Norway’s biggest oil project in decades got the go-ahead in 2015, crude prices fell off a cliff. That turned out to be perfect timing. More»
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27.08.2018
Losing Lofoten would imperil Norway’s Arctic push, oil boss warns
Backing down on drilling off Norway’s Lofoten islands could also threaten the search for 16 Bbbl of oil and gas that lies beneath the Barents Sea, the country’s energy minister said. More»
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22.08.2018
The productivity problem In the Permian
The multi-year campaign to boost efficiency and productivity in the U.S. shale patch could be nearing its limits. More»
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20.08.2018
Eni gets 10 more years in Great Nooros Area offshore Egypt
Italian oil company Eni has signed a new agreement with the Egyptian authorities for further exploration and production works at the Great Nooros Area in the Mediterranean Sea. More»
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16.08.2018
Rosgeo to locate super-deep drilling sites in the Volga-Ural oil and gas province
Rosgeo is to perform regional seismic exploration operations in the juncture of the Pre-Ural foredeep south end and Ural fold system in order to validate parametric well locations. More»
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14.08.2018
The Siberian project of Belorusneft
The exploratory well No. 829 was completed at the Metelnoye oil field. The plans for its construction depended on the results of seismic operations, processing and reinterpretation of the field materials obtained at the Izvestinski license block. More»
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13.08.2018
Noble Energy: Leviathan development 60% complete. First gas sales in 2019
The development of the giant Leviathan gas field in the Mediterranean Sea, offshore Israel is nearly 60 percent complete. Offshore platform installation will take the most of the next year, with commissioning and first gas scheduled for the end of... More»
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09.08.2018
Rosgeo studies the oil and gas potential of the western part of the Bering Sea
Established by Gazprom Neft in the Khanty-Mansi Autonomous Okrug, the main objective of the Bazhenov Technology Centre LLC is to develop a range of commercially viable domestic technologies to develop the Bazhenov Formation. More»
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08.08.2018
U.S. crude production isn't growing as fast as expected
American drillers pumped 10.442 MMbpd in May -- about 300,000 fewer bpd than the Energy Information Administration had projected. More»
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02.08.2018
Aker BP to buy 11 licenses from Total for $205 million
Norwegian oil company Aker BP has entered into an agreement with Total E&P Norge to acquire its interests in a portfolio of 11 licenses on the Norwegian Continental Shelf for a cash consideration of $205 millio More»
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