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Company NewsEurope

Uniquely Positioned to Drive Productivity, Lower Costs and Innovate Globally for Customers July 03, 2017   Baker Hughes, a GE company (NYSE: BHGE) announced today that the transaction combining GE’s oil and gas business with Baker Hughes is complete. The new company is the first and only to bring together

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Company NewsEurope

July 11, 2017 Statoil plans to recruit more than 50 skilled workers annually in the years ahead to ensure that the company has the right competence and capacity on the Norwegian continental shelf. “We believe it will be possible to maintain profitable and sustainable production at the current level on

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10 July 2017 Following the approval by the regulatory authority, today Eni has completed the sale to Eneco of 100% of Eni Gas & Power NV / SA – and its subsidiary Eni Wind Belgium NV / SA – which comprises Eni’s gas & power retail operations in Belgium. The

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Company NewsEurope

July 5, 2017 A working meeting between Alexey Miller, Chairman of the Gazprom Management Committee, and Kurt Bock, Chairman of the Board of Executive Directors of BASF, took place in Moscow today. The parties discussed the ongoing cooperation between the companies, paying particular attention to the Nord Stream 2 project.

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Company NewsEurope

July 3, 2017 At 17.02 CET on 30 June, Statoil started production on the Gina Krog oil and gas field in the North Sea. Statoil and the partners invest a total of some NOK 31 billion in the development of the Gina Krog field. “We are proud to have delivered

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Company NewsEurope

First gas has been delivered on schedule from the Cayley field, the third and final new discovery to be brought on stream during the major redevelopment of the Montrose Area in the Central North Sea operated by Repsol Sinopec Resources UK. Gross incremental production from Cayley, Godwin and Shaw (brought

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Company NewsEurope

A working meeting between Alexey Miller, Chairman of the Gazprom Management Committee, and Aleksandar Vucic, President of the Republic of Serbia, took place in Belgrade today. The parties expressed deep appreciation for their bilateral relations, noting the continuously developing partnership in a number of areas, including gas storage. In early

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Company NewsEurope

EnQuest confirms that first oil from the Kraken development was delivered on 23 June 2017.  During the initial ramp-up period, the 13 wells that have been drilled and completed to date, comprising 7 producers and 6 injectors, are being brought online in a phased manner, to maximise long term productivity

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18 June Rosneft is performing the drilling of the northernmost exploratory well on the Eastern Arctic shelf following a comprehensive geological study. During the drilling of the Tsentralno-Olginskaya-1 well from the shore of the Khara-Tumus Peninsula on the shelf of the Khatanga Bay of the Laptev Sea, three core samples

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Company NewsEurope

13 June 2017 Faroe Petroleum, the independent oil and gas company focusing principally on exploration, appraisal and production opportunities in Norway, the UK and Atlantic Margin, is pleased to announce the results of the  Brasse appraisal well in the Norwegian North Sea (Faroe 50% and operator, Point Resources 50%). The

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