KUFPEC exits Norway in $450m sale
Kuwait’s overseas oil producing arm has agreed a deal to sell its Norwegian assets to Polish energy group Orlen.
Kuwait’s overseas oil producing arm has agreed a deal to sell its Norwegian assets to Polish energy group Orlen.
ConocoPhillips (NYSE: COP) has kicked off production at the Tommeliten A field, which crosses the border of the UK and Norway in the North Sea.
Longboat Energy is looking to form a new partnership to take forward development of the Egyptian Vulture prospect after an initial licence expired this week.
Norway has handed out nearly 50 oil and gas exploration licences in a “gratifying” display of interest in the sector.
Odfjell Drilling has booked further work for the Deepsea Yantai, with the Norwegian arm of PGNiG securing the unit to drill the Tomcat exploration well in mid-2024.
Sempra Infrastructure and ConocoPhillips have struck a 5 million tonne per year LNG supply contract, from the planned Port Arthur project in Texas.
As of 26 September, Westwood Global Energy reports that there are two exploration wells active, one in the Northern North Sea and one in the Norwegian Sea.
Avenir LNG has teamed up with Lithuania’s Achema Gas Trade for a first LNG reloading at the Klaipeda terminal.
PGNiG has acquired a 25% interest in the Musakhel Block in central Pakistan, which the Polish state oil and gas producer estimates holds 16 billion cubic metres of gas resources.
Ineos Energy has announced a deal to sell its oil and gas assets in Norway for $615million.
Geofizyka Toruń has completed a 2D seismic study for Sasol in Mozambique, demonstrating that exploration in the East African state is progressing despite some disruption stemming from coronavirus.
The US has set out charges against two men, Lev Parnas and Igor Fruman. The two men, who were involved in schemes for LNG imports into Ukraine, are accused of violating campaign finance laws.
Energy giant Equinor has completed the sales of two "non-core" Norwegian North Sea discoveries.
PGNiG has confirmed it will launch its new global LNG trading desk in London in the wake of the UK’s historic Brexit vote.
Poland's biggest gas distributor PGNiG will start oil and gas exploration in eastern Germany, as part of a bigger plan to boost production assets outside Poland.