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Oil And Gas
Det Norske receives Consent for Manned Underwater Operations
Det norske has received consent from the Petroleum Safety Authority Norway to conduct manned underwater operations at Bøyla,…
Technip receives Three Years Contract by Total E&P Angola
Technip Angola Engenharia Limitada, a joint venture between Technip and Sonangol, was awarded by Total E&P Angola a three-year…
Rosneft Commences Exploratory Drilling Offshore Vietnam as a Project Operator
Rosneft Vietnam B.V., a company of Rosneft group, has started drilling exploration well PLDD-1X at Block 06.1 located offshore…
ExxonMobil Launches Speedpass+ Mobile Payment App with Apple Pay
SPRING, Texas--ExxonMobil is now the first major fuel retailer to accept mobile payment at the pump, including Apple Pay,…
Chevron Affirms Production Growth; Announces New Spending Cuts
NEW YORK-- Chevron Corporation hosted its annual security analyst meeting in New York where executives reiterated priorities,…
Amec Foster Awarded Multiple Algerian Refinery Contracts
Amec Foster Wheeler has officially announced that it has been awarded a front-end engineering design (FEED) contract by Sonatrach…
Lundin Petroleum Completes the Fosen Exploration Well in the North Sea
Lundin Petroleum has officially announced that its wholly owned subsidiary Lundin Norway has completed the drilling of exploration…
Tax Reform Now Crucial in Salvaging UK Oil and Gas Production from End of Decade
Oil & Gas UK has set out its proposals for tax changes in the forthcoming Budget to boost the industry’s competitiveness and…
Statoil Terminates Rig Contract of COSLInnovator
Statoil has, on behalf of the Troll licence, decided to use its contractual right to terminate the contract with COSL Offshore…
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…