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26.07.2018
LUKOIL drilled the first production well in the eastern part of the Yury Korchagin field
PJSC "LUKOIL" announces the completion of drilling of the first production well from the wellhead platform at the Yury Korchagin field in the Caspian Sea. The well was drilled within the second field development stage implemented to involve into... More»
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23.07.2018
LUKOIL takes fid on the Rakushechnoye field
PJSC "LUKOIL" took the final investment decision on the Rakushechnoye field development project in the Caspian Sea. More»
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19.07.2018
Gazprom to start full-scale development of Yamal’s Kharasaveyskoye field in 2019
Alexey Miller, Chairman of the Gazprom Management Committee, held in Bovanenkovo (Yamal-Nenets Autonomous Area) a meeting on the pre-development project for the Kharasaveyskoye gas and condensate field and the gas transmission system. More»
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17.07.2018
Oil strike in Norway shuts Shell field as escalation looms
A strike curtailed oil production off Norway for the first time in six years as Royal Dutch Shell Plc shut a North Sea field and workers threatened to escalate labor action during the weekend. More»
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12.07.2018
Workers set to strike on Total’s oil and gas offshore platforms
UK’s offshore worker’s union Unite has said that a series of strike actions on the North Sea oil and gas platforms operated by Total E&P will happen in July and August. More»
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10.07.2018
Equinor moving away from oil & gas through acquisition of Danish energy trading firm
Norwegian oil and gas company Equinor has reached an agreement to buy 100% of shares in Danish energy trading company Danske Commodities (DC) for EUR 400 million ($468.3 million). More»
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06.07.2018
BP discloses time of first commercial gas supply from Azerbaijan’s Shah Deniz 2
The first commercial gas from Azerbaijan’s Shah Deniz Stage 2 will be supplied next week, Vice President for Communications, External Affairs, Strategy & Region at BP Azerbaijan-Georgia-Turkey Bakhtiyar Aslanbayli told Trend June 28. More»
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29.06.2018
GE to divest Baker Hughes stake
General Electric plans to spin off its health-care business and divest its stake in oilfield-services provider Baker Hughes as CEO John Flannery focuses the struggling company on power, aviation and renewable energy. More»
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26.06.2018
Unfractured wells growing as Permian pipeline scarcity worsens
Pipeline bottlenecks in North America’s biggest oil field are so pervasive that drillers are quitting new wells at a record pace. And it’s about to get a lot worse. More»
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25.06.2018
Gazprom Neft Middle East B.V. produces its millionth tonne of oil in Kurdistan
Gazprom Neft subsidiary Gazprom Neft Middle East B.V. has produced its millionth tonne of oil at the Garmian field, located in the Kurdistan Region of Iraq (KRI). Total production at the field is now running at more than 23,000 barrels... More»
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