Latest News
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27 Sep 16
Norway: Eni resumes production at the Goliat field
Eni Norge resumed production on the Goliat field early Tuesday morning. Production was halted on August 26th caused by gas detection in an unwanted area, during a planned venting of gas, as part of a maintenance operation. -
27 Sep 16
UK: Report highlights improved competitiveness of UK oil and gas industry but fresh investment is now vital
Oil & Gas UK’s Economic Report 2016, published 27 September 2016, demonstrates the tenacity of the UK offshore oil and gas industry despite difficult market conditions. -
27 Sep 16
Norway: Shell to increase Norway's Ormen Lange output capacity with new compressors
Shell plans to raise the output capacity at its giant Ormen Lange field offshore Norway by installing two new compressors. The Ormen Lange gas field, which feeds the Langeled pipeline under the North Sea, covers 20 percent of Britain's demand for natural gas. -
27 Sep 16
Mozambique: Eni asks banks for billions to finance Mozambique gas project
Italian oil firm Eni has approached banks for billions of dollars to finance a huge offshore gas development in Mozambique, a significant step in getting a long-delayed project off the ground, the company and sources said. -
27 Sep 16
Egypt: BP signs three concession amendments and reaches record production for the Nooros field in Egypt with partners
BP has signed concession amendments for the Temsah, Ras El Barr and Nile Delta Offshore concessions in Egypt. The amendments allowed for the economic development of the Nooros development, where the company recently achieved record production. -
27 Sep 16
Norway: Statoil's Aasgard subsea gas compression system completes first year
In September 2015 Statoil and its partners started up the world’s first subsea gas compression system on the Åsgard field in the Norwegian Sea, extending the fields’ life to 2032. -
27 Sep 16
Canada: Centrica in process of selling Canadian oil and gas assets
Centrica, Britain's largest utility company, is in the process of selling all of its Canadian oil and gas assets and exiting operations in the country, a company spokesman said on Monday. -
27 Sep 16
UK: First US shale gas arrives at INEOS plant in Scotland
The first shipment of US shale gas has arrived in Scotland amid a fierce debate about the future of fracking in the UK. A tanker carrying 27,500m3 of ethane from US shale fields is due to dock at Grangemouth, the refinery and petrochemicals plant owned by INEOS. -
27 Sep 16
Kazakhstan: Condor Petroleum starts commercial production at Shoba oil field in Kazakhstan
Condor Petroleum commenced commercial oil production at the Shoba oil field in Kazakhstan on September 18, 2016. Current stabilized production is exceeding 500 barrels per day as forecast and oil sales are expected to resume in the fourth quarter. -
27 Sep 16
Trinidad: LGO Energy announces recompletion of wells GY-668 and GY-288, Goudron field, Trinidad
LGO Energy has announced that stable production has now been established from a new oil pay interval in well GY-668, the fifth of its planned heavy work-overs at the Goudron Field in Trinidad, and that GY-288, the sixth well in the program has now been perforated. -
27 Sep 16
Niger: Savannah Petroleum announces half year results - updates Niger operations
Savannah Petroleum has announced its unaudited interim results for the six month period ended 30 June 2016 and provided an update on its operations in Niger. -
27 Sep 16
UK: Union Jack acquires additional interest in Wressle-1 discovery and Broughton North Prospect, onshore UK
Union Jack Oil has signed a Sale and Purchase Agreement with Europa Oil & Gas to acquire a further 3.34% interest in PEDL180 and PEDL182, which contain the Broughton North Prospect and the Wressle-1 discovery. -
27 Sep 16
Pakistan: Jura Energy spuds Zarghun South development well
Jura Energy has announced that the drilling of Zarghun South-3 development well has commenced in the Zarghun South Development and Production Lease, in the Middle Indus Basin.
