Latest news
BP begins production from £4.5bn Clair Ridge development offshore UK
BP has announced the start of oil production from the £4.5bn Clair Ridge project in the West of Shetland region offshore UK.
read more... 23/11/2018
Norway's Equinor strikes Malaysia LPG deal with Global Petro Storage
Equinor and Global Petro Storage (GPS) have entered into a long-term agreement to build and operate a terminal and storage facility for liquefied petroleum gas (LPG) at Port Klang in Malaysia, the Norwegian company said on Thursday.
read more... 22/11/2018
BP plans to spend over $1bn in Egypt in 2019
BP is planning to spend more than a billion dollars on its assets in Egypt in the coming year. According to Bob Dudley, BP chief executive, the company will spend $1.8 billion in Egypt and an additional $1 billion annually in Abu Dhabi on new discoveries and licensing rounds as it looks to expand its operations in the Middle East.
read more... 16/11/2018
Enagás-led LNG-fueling project gets EU funding
Spanish LNG terminal operator, Enagás, informed the LNGHIVE2 project has been granted funding by the European Commission through its Connecting Europe Facility.
read more... 16/11/2018
LUKOIL drilled the 2nd well in the Eastern part of the Yuri Korchagin field
LUKOIL completed the construction of the 2nd production well from the wellhead platform at the Yury Korchagin field in the Caspian Sea.
read more... 15/11/2018