News

Faroe Petroleum, the independent oil and gas company focusing principally on exploration, appraisal and production opportunities in Norway and the UK, is pleased to announce that it has…
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Axens confirmed the signature of an AlphaButol® technology licensing agreement with SOCAR for the production of high purity 1-Butene through ethylene dimerization. The AlphaButol…
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In connection with the Award in Predefined Areas (APA) for 2016 Statoil has been awarded interests in 29 exploration licences on the Norwegian continental shelf (NCS), 16 of these as…
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Companies’ assets include 250,000 acres in highly prolific Permian Basin Adds more than 3.4 billion barrels of oil equivalent, of which 75 percent is liquids Upfront…
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Within the 2016 Awards in Predefined Areas (APA 2016), DEA was awarded two new licences by the Norwegian Ministry of Petroleum and Energy, thereof one as operator. “We are awarded…
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Sembcorp Industries (Sembcorp) is pleased to announce the signing of a build-operate-transfer (BOT) agreement with the Ministry of Electricity and Energy of Myanmar (MOEE), for its…
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The Norwegian Petroleum Directorate has granted Statoil Petroleum AS a drilling permit for wellbore 6507/3-12, cf. Section 8 of the Resource Management Regulations. Wellbore…
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Yokogawa Electric Corporation announces that its subsidiary, Yokogawa United Kingdom Ltd., has received an order from the British Pipeline Agency Limited (BPA), the UK's leading…
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Collaboration agreement widens scope of use for active magnetic bearings for turbomachinery within the oil and gas sector SKF and GE Oil & Gas have signed a non-exclusive,…
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One year after the licence award Statoil has made an oil and gas discovery close to Norne estimated at between 20 and 80 million barrels. “It’s great kicking off the new year with a…
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