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Statoil has invested more than $10 billion in Brazil. making it the country'.s largest foreign offshore operator.
Read More »Statoil Aims to More Than Triple Brazil Output
Eni Begins Oil Production in Ghana Three Months Ahead of Schedule
Ghana had sustained growth of at least 8 percent until 2013 partly due to the revenues from oil.
Read More »SOCAR Drilling New Well on Oldest Field in Caspian Sea
SOCAR produced 2.46 million tons of oil at Azerbaijan’s offshore and onshore fields in January-April 2017.
Read More »EU Executive Seeks Mandate for Talks with Russia over Nord Stream 2
Germany'.s Uniper. Austria'.s OMV and France'.s Engie are working with Gazprom on the plan.
Read More »Russian Companies Interested in Iran-Pakistan-India Pipeline Construction
Russian companies are considering possibility of Iran-Pakistan-India offshore gas pipeline construction.
Read More »SZOGPC Speeding Up Operations in Central Oil and Gas Fields
Latest estimates show the field holds 1.53 billion barrels of mostly light crude oil in place.
Read More »Statoil Eyes Japan. U.S. for Floating Wind Expansion
The turbines for Statoil'.s Hywind floating wind park off Scotland will be installed this summer and will be fully operational by the end of the year.
Read More »SOCAR: Production at Shafag-Asiman Gas Block May Start in 2030
SOCAR and BP signed a contract on the Shafag-Asiman block of fields for a period of 30 years in October 2010.
Read More »Siemens Gamesa to Supply Turbines and OTM for Albatros Offshore Windfarm
Siemens Gamesa will install both windfarms’ plants in parallel. Installation will start in spring 2018.
Read More »Norway Boosts Protection Against Unwanted M&A in Oil
An extraordinary metal that is vital to the electric car boom is facing a critical shortage.
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