Latest news
SSE acquires gas assets from Hess
Scottish and Southern Energy (SSE) agreed to perform an acquisition of natural gas production assets in the North Sea from Hess Corporation’s European unit. The cost of the transaction is £278 million and will include 18% stakes hold by Hess Corporation in a gas pipeline operated by BP.
read more... 03/02/2011
EU prime ministers to discuss the creation of the North-South energy corridor
The president of the European Commission, José Manuel Barroso announced that some of the prime ministers from European countries will meet a day before the 4 February EU energy summit to discuss the creation of the North-South gas corridor.
read more... 03/02/2011
Finland seeks to obtain a stake in the Yamal LNG Project
Finnish oil and gas companies seek to get involved in the Yamal LNG Project, which is why officials of Finnish oil and gas companies met last week in Moscow at the seventh session of the Russian-Finnish Inter-Governmental Commission on Economic Cooperation with the Russian Ministry of Energy.
read more... 02/02/2011
Max Petroleum provides a production test of UTS-1 well in Kazakhastan
Max Petroleum, an oil and gas exploration company, based in UK, will provide a production test at its UTS-1 well, at the Uytas field in western Kazakhstan.
read more... 01/02/2011
Exxon Mobil drills a record long well at Sakhalin-1, Russia
Exxon Neftegas, the subsidiary of Exxon Mobil Corporation announced that it has drilled an extended-reach (ERD) well with a world record length at the Sakhalin-1 Project in the Odoptu field, offshore Russia.
read more... 31/01/2011