Latest news
Equinor to drill seven new wells at Gullfaks to recover even more resources
Norwegian oil and gas major Equinor and its partners have decided to drill seven new wells at Gullfaks field located offshore Norway and improve oil recovery by 17 million barrels.
read more... 16/01/2019
Norway’s Oil Production To Fall To 30-Year Low
Despite cost controls, increased efficiency, and higher activity offshore Norway, oil production at Western Europe’s largest oil producer fell in 2018 compared to 2017 and is further expected to drop this year to its lowest level since 1988.
read more... 14/01/2019
Aker energy strikes oil offshore Ghana
Norwegian oil company Aker Energy announced Thursday that it has struck oil offshore Ghana with a resource volume potential of up to 1 billion barrels of oil equivalent, according to a company statement.
read more... 11/01/2019
Turkey resumes oil import from Iran
Turkey has resumed imports of Iranian crude oil under the U.S. sanctions waiver, according to the trading and shipping sources.
read more... 10/01/2019
BP approves $1.3bn expansion of Atlantis oil field in Gulf of Mexico
BP has approved the $1.3bn phase 3 development of the Atlantis oil field located in deepwater Gulf of Mexico, offshore US.
read more... 09/01/2019