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Oil And Gas
Bank of China to Offer Gazprom with EUR 2 Billion Loan
Gazprom and Bank of China Limited, London Branch entered in Shanghai into a five-year EUR 2 billion loan facility agreement.
On …
Lundin Petroleum Completes Maligan Exploration Well, Offshore Malaysia
Lundin Petroleum has officially announced that its wholly owned subsidiary Lundin Malaysia BV (Lundin Malaysia) has completed the…
ExxonMobil Focuses on Business Fundamentals; Paced, Disciplined Investing
NEW YORK-- Exxon Mobil Corporation is achieving industry-leading financial performance throughout the commodity price cycle by…
Statoil Awarded Six Licensing Options Offshore Ireland
Statoil Exploration (Ireland) Limited has been awarded six Licensing Options in Ireland’s 2015 Atlantic Margin Licensing Round.…
Noreco Sells its Norwegian Exploration Activities to Det Norske Oljeselskap
Oslo, Norwegian Energy Company ASA (‘Noreco’) has officially announced that its fully owned subsidiary Noreco Norway AS (Noreco…
Production Drilling Begins on Johan Sverdrup
At 00:00 on Tuesday 1 March the Deepsea Atlantic drilling rig commenced on the first of a total of 35 wells to be drilled in the…
LUKOIL EXPANDS ITS RESOURCE BASE IN TIMAN-PECHORA PETROLEUM PROVINCE
LUKOIL has increased recoverable reserves of the Vostochno-Lambeyshorskoye field in the Republic of Komi by more than 6 times to…
Wood Group wins Further Design Contract for GWF-2
Wood Group has secured a contract with Woodside to provide the detailed design of the Greater Western Flank Phase 2 (GWF-2)…
LUKOIL Begins Exploration at Vostochno-Taimyrsky Block
PJSC LUKOIL has begun the first stage of exploration activities at the Vostochno-Taimyrsky license block in the Krasnoyarsk region…
Gazprom Held Talks on Gas Delivery to Italian Market
Gazprom, Italian Ministry of Economic Development and Eni discuss gas deliveries to Italian market. A meeting was held at Rome…
Gazprom, DEPA and Edison Signs MOU
Alexey Miller, Chairman of the Gazprom Management Committee, Marc Benayoun, CEO of Edison SpA, and Theodoros Kitsakos, CEO of DEPA…
BP to Settle Federal, State & Local Deepwater Horizon Claims
BP to Settle Federal, State and Local Deepwater Horizon Claims for up to $18.7 Billion With Payments to be Spread Over 18…
Total Sells its Interest in the Schwedt Refinery
Paris - Total has signed an agreement to sell its 16.67% interest in the Schwedt refinery in northeastern Germany (Brandenburg)…
ExxonMobil Sells Share of Chalmette Refining
CHALMETTE, La. - ExxonMobil has officially announced that it has reached an agreement with PBF Energy Inc. for the sale and…
PSA Releases Audit of Shell’s Project at Nyhamna
On 11 May 2015, the Petroleum Safety Authority Norway (PSA) carried out an audit of Shell and the development project at Nyhamna…
ConocoPhillips to use Maersk Gallant Mobile Drilling Facility
The Petroleum Safety Authority Norway (PSA) has granted ConocoPhillips consent to use the Maersk Gallant mobile drilling facility…
Gazprom, KPO Extends Gas Contract till 2038
Alexander Medvedev, Deputy Chairman of the Gazprom Management Committee and Renato Maroli, Director General of Karachaganak…
Weatherford Releases IntegraLine™ Liner System
ROME - Weatherford International plc has officially launched the commercial release of the IntegraLine™ liner system with swage…
Wood Group Secures KPOC Pipeline Contract
Wood Group Kenny (WGK) will support the Kebabangan Petroleum Operating Company (KPOC) in pipeline engineering and flow assurance…
Lundin Spuds Exploration Well on the Luno II North Prospect
Lundin Petroleum has officially announced that its wholly owned subsidiary Lundin Norway has commenced drilling of exploration…
ExxonMobil Starts Production at Kearl Oil Sands, Canada
IRVING, Texas - Exxon Mobil Corporation has officially announced that production at its Kearl oil sands expansion project in…
Kara Winter 2015 Becomes Largest Arctic Expedition in the World
Kara-Winter-2015, scientific-exploratory expedition, organized by Rosneft with the support of the Arctic Research and Design…
Amec Foster Appoints New President, Upstream Business Development
London, UK – Amec Foster Wheeler has officially announced the appointment of George Hernandez as President, Upstream Business…
Statoil to Reduce Workforce by End 2016
The effort to standardise, simplify and increase efficiency across Statoil enters the next phase. The potential workforce…
Weatherford Selected for Inclusion in the Russell 3000® Index
BAAR, Switzerland - Weatherford International plc has officially announced that it has been selected to be included in the…
PSA Issues Drilling and Well Investigation Order to Statoil
The PSA has issued an order to Statoil following audits at Oseberg B and Gullfaks C.
Between 10 November 2014 and 29 January…
Statoil receives Consent to use Subsea Production Facilities, Gullfaks Sør
Statoil has received consent to use pipelines and subsea production facilities at Gullfaks Sør.
Statoil is the operator at…
Prosafe receives Acknowledgement of Compliance for Safe Boreas
Prosafe Offshore Limited has received Acknowledgement of Compliance (AoC) for Safe Boreas.
Safe Boreas is a semi-submersible…
Statoil Awards Rig and Drilling Contract for Johan Sverdrup
Statoil, on behalf of the Johan Sverdrup licence, has awarded two contracts at a total value of more than NOK 4.35 billion to…
Lundin Completes Alta Appraisal Wells in the Barents Sea South
Lundin Petroleum has officially announced that its wholly owned subsidiary Lundin Norway AS (Lundin Norway) has successfully…