oil
- Oil & Gas
OMV to Sell 25% Stake in the Wisting Oil Field to Lundin Energy
OMV, the international integrated oil, gas and chemicals company headquartered in Vienna, Austria, has agreed to sell its 25% stake…
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Garantiana West Prospect, New Oil Discovery in the North Sea
Equinor, Vår Energi and Aker BP announced a new oil discovery in production licence 554 in the North Sea by…
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Eni Starts Gas Production from Merakes Project Deep Offshore
Eni has started gas production from the Merakes Project, located in the East Sepinggan block in the Makassar Strait, deep…
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Biggest Oil Discovery Near Fram Field in the North Sea
Equinor, Vår Energi, Idemitsu Petroleum and Neptune Energy have made the biggest discovery so far this year on the NCS,…
Read More » - Environment
World’s First Flight Operated with Synthetic Kerosene
A KLM aircraft powered by synthetic kerosene transported passengers from Amsterdam to Madrid last month, being the first flight in…
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Neptune Energy Commences Subsea Construction on Seagull Project
Neptune Energy and its joint venture partners bp and JAPEX, announced drilling has commenced on the Seagull project in the…
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Waste-derived Pyrolysis Oil Market to Close in on USD 500 Mn Valuation by 2029
The global waste-derived pyrolysis oil market is projected to reach a value close to USD 500 Mn in a decade,…
Read More » - Event
Oil and Gas Tech 2019
Romania’s leading Oil and Gas Tech event (conference and exhibition), designed for all industry segments, gathered over 100 CEOs, CFOs,…
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Total inaugurates the Kaombo project in Angola
Total inaugurated the Kaombo project on November 10, which came on stream in July and is located deep offshore on…
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There and back again: Turning plastic back into oil
We have plastic and the resulting plastic waste and residue in abundance, all around us. But did you know that…
Read More » - Analysis
Petrochemical industry in Romania
The reindustrialization of the petrochemical sector in Romania means the restarting of the Pitesti Petrochemistry Platform in an integrated system…
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Russia’s first ever quadruple multilateral well
Gazprom Neft subsidiary Gazpromneft-Yamal has recently completed construction of Russia’s first ever multilateral well with four horizontal cased-hole side tracks,…
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A successful year with record-breaking conformity level
The OPEC/Non-OPEC Joint Ministerial Monitoring Committee (JMMC) convened in Muscat, the Sultanate of Oman, for its seventh meeting, on 21…
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OPEC keeps in 2018 the agreement to cut oil output
The cartel of the oil exporting countries (OPEC) and other major producers, including Russia, have decided to extend by nine…
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New drilling campaign in the Black Sea
OMV Petrom recently announced the start of a new drilling campaign in the shallow waters of the Istria block in…
Read More » - Interview
Vasile Mogos: CDI Oilfield Services positioning as a global top supplier
CDI Oilfield Services, a leading supplier of downhole equipment for Romania and the regional markets, is celebrating this year its…
Read More » - Analysis
EU natural gas demand revival: A window of opportunity for Romania
After six consecutive quarters of growth, the demand for natural gas in the European Union (EU) signals a firm upward…
Read More » - Tech
Schlumberger vision on the digital future of the E&P industry
Opening the SIS Global Forum (September 13 – 15, Paris), Schlumberger Chairman and CEO Paal Kibsgaard highlighted the changes in…
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Weatherford recognized for operational excellence at 2017 Oil & Gas Middle East Awards
Weatherford International was recognized by Oil & Gas Middle East magazine with the 2017 Oil & Gas Middle East Award…
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Spencer Coca: Mazarine Energy to invest up to USD 500 million in Romania over the next years
Mazarine Energy, founded in 2013, is a Dutch subsurface-driven private oil and gas exploration and production company focused on early-stage…
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