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BW Offshore begins oil production from Tortue field offshore Gabon

BW Offshore and Panoro Energy have reported first oil production from the Tortue field in the Dussafu license offshore Gabon, using the BW Adolo floating production storage and offloading (FPSO) vessel.

read more... 19/09/2018

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Egypt signed $1 billion oil & gas exploration deal with Shell and Petronas

The Egyptian Ministry of Petroleum has signed a deep-water oil & gas exploration agreement with Shell and Malaysia’s Petronas, according to a statement issued by the ministry on September 15.

read more... 18/09/2018

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Norway’s Offshore Oil Boom Is Back On

The rise in oil prices brought about the recovery of Norway’s oil industry, with companies lining up plans to invest in boosting oil production on the Norwegian Continental Shelf (NCS)—surely most welcome news for Western Europe’s biggest oil and gas producer, which faces a decline from the mid-2020s onwards if new large discoveries are not made soon.

read more... 17/09/2018

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Sudan, Turkey strike $100 million oil investment deal

The Turkish minister of agriculture and forestry Bekir Pakdemirli said his country has signed a $100 million agreement to invest in oil exploration and production in Sudan.

read more... 12/09/2018

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Britain’s oil and gas sector ‘is at a crossroads’

Oil & Gas UK says despite improvements, more investment is needed to ensure the long-term future of the North Sea

read more... 11/09/2018

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