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03 April Rosneft started drilling of the Tsentralno-Olginskaya-1 well at the Khatangsky license area. The well is the northernmost at the Russian Arctic shelf. President of Russia Vladimir Putin launched exploration drilling via video link-up with Rosneft Chief Executive Officer Igor Sechin who was on the shore of the Khatanga

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March 27, 2017 New technology and project improvements trigger new investments on the Njord and Bauge fields in the Norwegian Sea. Statoil, on behalf of the partnerships in the licences, today submits the plans for the development projects to the Norwegian minister of petroleum and energy, Terje Søviknes. “When we

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Company NewsEurope

Wintershall is on a growth course and attained a historic level of production in 2016 of 165 million barrels of oil equivalent (BOE) despite the difficult conditions in the industry. This means the company has increased its oil and gas production in the last ten years by around 50 percent.

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The Johan Sverdrup partnership has now decided to proceed with (DG2) Phase 2 of the Johan Sverdrup development, awarding FEED contracts to Aker Solutions, Kværner and Siemens. Phase 1 of Johan Sverdrup is under development, with first oil scheduled for late 2019.  The partners will now proceed with maturing Phase

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17 March 2017 Gazprom Neft has begun construction of a standalone 12,300-tonne-per-year-capacity hydrogen production unit at its Omsk Refinery. This processing facility will provide high-purity (99.9 percent) hydrogen for new and reconstructed hydrotreatment facilities, intended to reduce the sulphur content of motor-fuel components (blending agents). It will also eliminate hydrotreatment

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March 14, 2017 A working meeting between Alexey Miller, Chairman of the Gazprom Management Committee, and Vasile Botnari, Chairman of the Board of Directors of Moldovagaz, took place at the Gazprom headquarters today. Working meeting between Vasile Botnari, Chairman of Board of Directors of Moldovagaz, and Alexey Miller held at

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13 March 2017 Commenting on today’s announcement, Ian Marchant, the Chairman of Wood Group said: “The Combination represents a transformational transaction for Wood Group, which accelerates our strategy and creates a global leader in project, engineering and technical services delivery across a range of industrial sectors.  The Combination extends the

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27 February 2017 Total has signed an agreement for the sale of stakes and the transfer of operatorship in various mature assets in Gabon to Perenco. The transaction is subject to approval by the authorities. This agreement includes the sale of the Group’s 100%-owned affiliate Total Participations Petrolières Gabon, which

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Sparrows Group has secured a five year contract to deliver hydraulic, lifting and rigging services for Maersk Oil’s UK floating assets. The agreement will see Sparrows support the operator in strengthening its lifting operations for the Global Producer 3 (GP3) and Gryphon FPSO’s and the new Culzean FSO. The scope

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20 February The company of  Rosneft group started drilling of the first exploration well at the Block 12 in the Republic of Iraq. Salman-1 well will be drilled to the measured depth of 4,245 m through Kurra Chine target horizon to be followed by further testing of five prospective targets.

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