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Several other foreign companies have been invited for South Pars oil venture but none have given a decisive answer.
Read More »Maersk in Strong Position to Develop Iran`s South Pars Oil Layer
Shell Seeking International Cooperation and Much Larger Offshore Wind Projects
Most countries around the North Sea do not have a clear agenda on what they’re going to do after 2022.
Read More »Statoil and Partners Plan Output Capacity Expansion at Norway`s Troll Gas Field
The other partners are oil majors Shell with 8.1 percent. Total with 3.7 percent and ConocoPhillips with 1.6 percent.
Read More »Schlumberger to Help IOG with Southern North Sea Development Plans
The letter of intent covers the Blythe Hub and Vulcan Satellites Hub developments in the southern North Sea.
Read More »North Sea Oil Sees Investment Rush
The North Sea’s problem has always been high production costs.
Read More »UK`s Oil Industry `Entering Final Decade of Production`
The UK urgently needs a bold energy transition plan. instead of trusting to dwindling fossil fuel reserves and possible fracking.
Read More »First Floating Offshore Wind Farm Takes Shape
Statoil has a 75% stake in the project. with the remaining 25% owned by Masdar.
Read More »Total to Sell Its Interest in Gina Krog Oil Field
Total had announced earlier in August that it would acquire Maersk Oil for $5 billion. bolstering its position among the world'.s largest oil companies.
Read More »Oil major Total Sees Growth in North Sea Output with Edradour & Glenlivet Start-up
The Edradour and Glenlivet development is near the French oil and gas giant’s existing Laggan-Tormore fields which started production in February 2016.
Read More »Statoil Allowed to Use West Elara
Valemon is a gas and condensate field in the northern sector of the North Sea. just west of Kvitebjørn. The field has been developed using a fixed production platform. Production began in 2015.
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