Latest news
Equinor explores floating wind turbines to power North Sea oilfields
Norway’s Equinor is considering whether to build an offshore wind farm with floating turbines to provide electricity for its Gullfaks and Snorre oilfields in the North Sea, the company said on Tuesday.
read more... 28/08/2018
UK's Petrofac sells North Sea assets for $292 million
British oilfield services provider Petrofac Ltd has agreed to sell its 20 percent interest in the Greater Stella Area of the North Sea to oil and gas operator Ithaca Energy in a deal worth up to $292 million.
read more... 27/08/2018
British producer Premier Oil reaches milestone in output
Plateau production from its flagship Catcher basin in the North Sea helped drive net income in the first half of the year higher, Premier Oil stated.
read more... 24/08/2018
Egypt Signs New Agreements with European Oil Companies
Egypt's Minister of Petroleum and Mineral Resources Tarek El-Molla signed three agreements today for the exploration of oil and natural gas in the Mediterranean, Western Sahara and Nile Delta.
read more... 15/08/2018
Russia agrees with four nations to divide resources beneath Caspian Sea
Iranian President Hassan Rouhani, Azeri President Ilham Aliyev, Kazakh President Nursultan Nazarbayev, Russian President Vladimir Putin and Turkmen President Kurbanguly Berdymukhamedov walk on the embankment of the Caspian Sea following the Fifth Caspian Summit in Aktau, Kazakhstan August 12, 2018.
read more... 13/08/2018