The discovery has been made at well 15 3-11 on the 15 3-4 (Sigrun) located in production license 025. following drilling.
Read More »Algeria Signs Gas Supply Deals with Spain. Italy`s Eni
Algeria has signed a nine-year deal to supply Spain with nine billion cubic meters (bcm) of gas per year.
Read More »Iran. German Oil Companies Ink Cooperation Pact
ADL will implement the project in cooperation with its Austrian and Swiss partners.
Read More »Gazprom Seeks Termination of Nord Stream 2 Case in Poland
conglomerate Gazprom filed objections to the Polish antimonopoly body UOKiK and petitioned the termination of the antimonopoly investigation procedure.
Read More »German Telecom Firm Curb Iran Projects amid US Sanctions
The European Union had earlier vowed resist US sanctions on Tehran.
Read More »Greek Oil Tankers may be Affected by US Sanctions on Iran Oil
The Iranian Oil Ministry called the US efforts to cut Iran oil exports a futile attempt.
Read More »EU Invests €100m in Bonds to Support German-Norway Power Interconnector
Once completed. Nordlink will have a total capacity of 1.4GW.
Read More »Nord Stream 2 Receives all Permits in Russia
The Nord Stream-2 project is an expansion of the existing Nord Stream main gas pipeline linking Russia and Germany.
Read More »Egypt Signs New Agreements with European Oil Companies
The oil sector will continue to sign more agreements to attract foreign investment.
Read More »Russia will Increase Oil Production to New Record Highs in 2019
OPEC expects that average oil production in Russia will be 11.15mn barrels per day in 2018 and 11.17mn barrels daily in 2019.
Read More »