Latest news
Equinor spuds Verbier appraisal well
Equinor has started drilling operations on Verbier appraisal well in the UK North Sea using the semi-submersible rig West Phoenix.
read more... 04/03/2019
Finnish Fortum to build 250 MW solar plant in India
Solar Energy Corporation of India awarded Finland's Fortum the right to build a 250-megawatt (MW) solar power plant in Rajasthan in northwestern India, the company announced on Monday.
read more... 04/03/2019
Bulgaria OKs transfer of 20% of offshore block exploration rights from Shell to Repsol
Bulgaria's government said on Wednesday it approved the transfer of 20% of the exploration rights on offshore Block 1-14 Khan Kubrat, in the country's sector of the Black Sea, to Repsol Bulgaria Khan Kubrat from Shell International Exploration and Development Italia.
read more... 21/02/2019
Daily (29.01.2019): Brent crude dropped by nearly 3% on rising U.S. oil production and declining economic growth
Oil prices plunged on Monday, reaching its lowest level in the last 10 days after an increase in U.S. crude drilling production, and persisting concerns over a global economic decline. According to Reuters, U.S. drillers added 10 oil rigs last week expanding the market tendency towards oversupply. Brent crude dropped by 2.8% closing at 59.93 USD/bbl, while WTI crude was down by 3.2% settling at 51.99 USD/bbl.
read more... 29/01/2019
Maersk Drilling to provide rigs for Seapulse’s 12-well drilling program
Danish offshore driller Maersk Drilling and Seapulse have signed a master alliance agreement under which Maersk Drilling will provide fully integrated services for a global offshore oil & gas exploration drilling program of 12 wells.
read more... 05/12/2018