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Europe

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Company NewsEurope

24.05.2017 DONG Energy has today agreed to divest the entire share capital of DONG E&P A/S to INEOS for an unconditional payment of USD 1,050 million (DKK 7.0 billion) on a cash and debt free basis, a contingent payment of USD 150 million (DKK 1.0 billion) related to the Fredericia

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Company NewsEurope

22 May 2017 UK project is the third of seven new upstream major projects expected to come on stream for BP in 2017. BP, on behalf of co-venturers Shell and Siccar Point Energy, is pleased to announce first oil from the redeveloped Schiehallion Area, following completion of the multi-billion-pound Quad

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Company NewsEurope

May 3 2017 Lundin Petroleum AB (Lundin Petroleum) announces that its wholly owned subsidiary Lundin Norway AS (Lundin Norway) has completed the Gohta appraisal well 7120/1-5 located in PL492 in the southern Barents Sea. The Gohta discovery, made in Permian carbonate reservoir rocks in well 7120/1-3 in 2013, was estimated

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Company NewsEurope

4 May 2017 DNO ASA, the Norwegian oil and gas operator, today announced the acquisition of Origo Exploration Holding AS (Origo), a privately-held oil and gas exploration company with a focus offshore Norway and the United Kingdom. Following the acquisition, DNO picks up stakes in 11 exploration and appraisal licenses

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Company NewsEurope

May 4, 2017 Statoil transferred the operatorship for the Polarled pipeline to Gassco on 1 May. The 482-kilometre pipeline between the Aasta Hansteen field in the Norwegian Sea and Nyhamna in Møre og Romsdal was delivered NOK 4.5 billion below budget. Polarled is the first subsea pipeline crossing the Arctic

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Company NewsEurope

May 3 2017 Total is acquiring the Dutch company PitPoint B.V., Europe’s third-largest provider of natural gas vehicle fuel. PitPoint B.V. is a market-leading integrated independent in alternative fuels with a network of around 100 natural gas fueling stations. The company is also involved in biogas, hydrogen and electric vehicle

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Company NewsEurope

20 April 2017 Gazprom Neft has begun construction of an automated 1.2-million-tonnes-per-year railcar oil-products loading facility (AUTN-1) at its Omsk Refinery. The company’s total investment in this project is RUB2.8 billion. Technology to ensure airtight and leak-proof filling will be implemented at the facility, avoiding any release of fumes into

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Company NewsEurope

BRATISLAVA, 5 April 2017 – Slovnaft will shut down part of its production facilities over Easter for regularly scheduled turnaround of refinery equipment to ensure smooth operation. A total of 16 production units will be gradually shut down. Restart of full production is scheduled for the middle of June 2017.

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Company NewsEurope

Wintershall Noordzee B.V. has commenced production from its first own-operated Danish oil field. The Ravn field (Block 5/06) produces oil from a depth of approximately 4,000 meters via a newly constructed production platform in the Danish North Sea, some 300 kilometers North of the Dutch town of Den Helder. The

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Company NewsEurope

11 April 2017 Wood Group has been awarded a contract with Statoil to provide front end engineering design (FEED) to the subsea flowline system of the Snorre Expansion Project in the Norwegian North Sea. The contract will be delivered by Wood Group’s Stavanger, Norway office and follows on from the

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