Regional News: Europe & Russia

 
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UK's Centrica Extends North Morecambe Gas Field Outage by 6 Hours
Friday, July 03, 2015 Centrica extends the duration of an unplanned outage at its North Morecambe gas field, offshore UK, by six hours.

UK's Hunting Warns of Profit Slump as Rig Counts Fall Further
Thursday, July 02, 2015 Oilfield services firm Hunting warns operating profit may slide by up to 75 percent this year as weak oil prices lead to ongoing cuts in drilling.

Russian Daily Oil Production Stays at Post-Soviet High in June
Thursday, July 02, 2015 Russian oil output remains at a post-Soviet high of 10.7 million barrels per day for the fourth month in a row.

Statoil to Suspend Saipem Rig Contract
Wednesday, July 01, 2015 Norway's Statoil will suspend a rig contract with Italy's Saipem due to overcapacity in its rig portfolio.

Technip Sees HSE Success with Pulse Program
Wednesday, July 01, 2015 Technip places health and safety of its employees as a core value with development of its Pulse program.

  


Germany Postpones Vote on Fracking Law amid Coalition Row over Details
Tuesday, June 30, 2015 Germany delays a parliamentary vote on new rules for the disputed technique of fracking for shale gas after coalition parties fail to agree on final details.

Rig Rout Puts Smaller Drillers in Front as Oil Majors Scale Back
Tuesday, June 30, 2015 Crude oil's plunge is leaving drilling rigs idle from Africa to Latin America as the world's biggest energy companies curtail spending and stall projects.

EU Offshore Safety Regulations: Guidance on New Rules
Tuesday, June 30, 2015 With new EU offshore safety regulations due to come into force July 19, Rigzone offers tips and guidance for companies on how to deal with the new rules.

Cuadrilla Suffers Further Setback as Fracking Application Rejected
Monday, June 29, 2015 Cuadrilla Resources suffers another setback to its plans to frack for shale gas in northwest England after local authority rejects another application to drill in Lancashire.

Polish Minister to Meet Builder Saipem on Delayed LNG Terminal
Monday, June 29, 2015 Polish treasury minister Andrzej Czerwinski will meet Italian construction firm Saipem next week to ensure a liquefied natural gas terminal opens in 2015 after numerous delays.

TGS to Buy Seismic Data Library from Polarcus
Monday, June 29, 2015 TGS signs a letter of intent to acquire Polarcus's multi-client seismic data library for $27.5 million.

Wintershall Calls for Better German Oil, Gas Regulation
Monday, June 29, 2015 Wintershall warns of job losses in Germany's oil and gas industry as it calls for a proportionate regulatory framework for the sector in the country.

How to Beat Workplace Shyness, Advice from Mary, an IT Manager at Shell
Friday, June 26, 2015 Mary Jarrett became "successfully shy" with the support of her colleagues. Discover how overcoming her struggle with shyness has set her on track to fulfilling her career potential.

Cuadrilla Defends Fracking Plans Following Application Rejection
Friday, June 26, 2015 Cuadrilla defends its proposed plans for shale gas fracking in northwest England, following Lancashire County Council's decision to reject the company's application due to traffic related issues.

IGas Energy Reveals Revenue, Production Decrease
Friday, June 26, 2015 IGas Energy reveals a year on year revenue and oil production decrease, from 2014 to 2015.

Rosneft First-Quarter Profit Falls 35% After Oil Prices Drop
Friday, June 26, 2015 Russia's largest oil producer, said first-quarter profit fell 35%, hurt by last year's decline in crude prices.

Lukoil Launches New Oil Refining Installation
Thursday, June 25, 2015 Lukoil puts its new ELOU AVT-1 oil refining installation into operation in Volgograd, Russia.

EnQuest Appoints New Non-Executive Director
Thursday, June 25, 2015 EnQuest announces the appointment of Phil Holland as a Non-Executive Director, effective August 1, 2015.

British Officials Reject Key Shale Gas Fracking Application
Thursday, June 25, 2015 British officials reject a Cuadrilla Resources application for shale gas fracking in northwest England, a landmark decision that is likely to deter potential investors in Britain's nascent shale gas industry.

Offshore Ireland Still Makes Sense in a Low Oil Price World
Thursday, June 25, 2015 A low tax regime for oil and gas explorers means that fields offshore Ireland that would be uneconomic if they were in UK waters remain viable.

Norway Rig Workers Agree Wage Deal, Avoid Strike
Thursday, June 25, 2015 Norwegian offshore oil rig workers sign a new wage deal, avoiding a strike that could have cut energy production.

Statoil Streamlines Operating Model, Seeks Cost Efficiency
Thursday, June 25, 2015 Statoil announces that it will streamline its operating model in order to become more cost efficient and fit for the future.

Trapoil Drills Dry Well in UK North Sea
Thursday, June 25, 2015 Trapoil has come up dry in the Niobe exploration well, located in License P.1889 in the UK North Sea.

Norway Oil-Rig Unions in Last-Chance Talks to Avoid Strike
Wednesday, June 24, 2015 Norwegian oil-rig unions and employers start government-backed mediation in a final bid to avoid a strike that could shut down two North Sea oil fields.

Lundin's Hans Christen Ronnevik Retires
Wednesday, June 24, 2015 Lundin Petroleum announces that Lundin Norway AS Exploration Manager Hans Christen Ronnevik has retired from his executive duties.

Lundin Petroleum Spuds Three Wells Offshore Norway
Wednesday, June 24, 2015 Lundin Petroleum announces that its wholly owned subsidiary Lundin Norway AS has spud two appraisal wells and one exploration well offshore Norway.

UK Officials Delay Decision On Key Shale Gas Permit Again
Wednesday, June 24, 2015 British officials have adjourned until Monday the process for deciding whether to grant shale gas firm Cuadrilla Resources a project planning permit in northwest England.

Statoil Cancels China Oilfield Services Rig Contract
Wednesday, June 24, 2015 Statoil cancels a rig contract with China Oilfield Services 13 months ahead of the expiry date, blaming overcapacity in its rig portfolio.

Suncor Energy Norge Drills Dry Well in North Sea
Wednesday, June 24, 2015 Suncor Energy comes up dry in the 25/10-13 S exploration well, located in production license 571 in the central part of the North Sea.

Norwegian Production Figures Hit Lowest Point since September 2014
Wednesday, June 24, 2015 The Norwegian Petroleum Directorate's preliminary production figures for May 2015 reveal that average daily production of oil, NGL and condensate hit its lowest point last month since September 2014.

Russia's Lukoil To Cut Investments To $12.5B In 2015
Wednesday, June 24, 2015 Vagit Alekperov, the head of Lukoil, says the firm expected to invest $12.5B in 2015, down from around $15B last year.

Germany's E.ON Puts North Sea, Algeria Assets on the Block
Tuesday, June 23, 2015 German utility E.ON wants to sell its North Sea and Algerian oil and gas assets, according to several banking sources, and hopes to raise around $2 billion as it restructures.

UK Officials Delay Shale Permit Decision To Wednesday
Tuesday, June 23, 2015 British officials have adjourned until Wednesday the process for deciding on whether to grant shale gas firm Cuadrilla a project planning permit in northwest England.

Tullow Oil Norge Drills Dry Well in Norwegian Sea
Tuesday, June 23, 2015 North Energy ASA announced Tuesday that Tullow Oil Norge has come up dry with its 6507/11-11 exploration well, located in production license 591 in the Norwegian Sea.

Petrofac Expects Full Year Profit to be Weighted Towards H2
Tuesday, June 23, 2015 Petrofac expects its net profit for the year to be weighted towards the second half and states that its order book at the end of May had grown to $20.5 billion.

PetroNeft: Significant Production Growth Expected in 2015
Tuesday, June 23, 2015 PetroNeft announces in its annual results statement for 2014 that it expects a significant boost in production this year.

PetroVietnam, Gazprom Seal Agreement to Develop 2 Fields in Russia
Tuesday, June 23, 2015 PetroVietnam and Gazprom seal agreement for their joint venture company Gazpromviet to explore and develop two oil and gas fields in Russia.

Dutch Government Cuts Groningen Gas Field Production
Tuesday, June 23, 2015 The Dutch government has ordered a further tightening of gas production at Groningen, Europe's largest gas field.

Wintershall Norge Secures Drilling Permit for Well 10/4-1 Offshore Norway
Tuesday, June 23, 2015 The Norwegian Petroleum Directorate has awarded Wintershall Norge AS a drilling permit for well 10/4-1, located in production license 734 offshore Norway.

Lundin Petroleum Appoints New President and CEO
Monday, June 22, 2015 Lundin Petroleum appoints Alex Schneiter as the new President and CEO of the company effective October 1.

Siberian Oil Deal Sees BP Bet on Russia's Pivot Toward China
Monday, June 22, 2015 BP's $750 million purchase of a Siberian oilfield stake is as much a bet on China as it is on Russia.

Output At Groningen Gas Field To Be Capped At 30 Bcm In 2015
Monday, June 22, 2015 Dutch Economy Minister Henk Kamp will propose a further tightening of production at Groningen, according to Dutch news agency ANP.

Lansdowne Oil & Gas: Midleton Prospect Well to be Drilled in August
Monday, June 22, 2015 Lansdowne Oil & Gas announces that a well will be drilled at the Midleton prospect in license 4/07, offshore Ireland, in August 2015.

Greece, Russia to Cooperate on Turkish Stream Pipeline
Friday, June 19, 2015 Greece and Russia sign a memorandum extending the planned Turkish Stream gas pipeline to Europe through Greek territory.

Aker to Cooperate with Baker Hughes on Early Phase Oil & Gas Studies
Friday, June 19, 2015 Aker Solutions has agreed to cooperate with Baker Hughes on early phase oil and gas studies, in order to improve the overall economics and value of oil and gas field developments.

ADX Energy Gets 30-Month Extension on Romanian EX-10 Parta Permit
Friday, June 19, 2015 ADX Energy signs a 30 month extension agreement with Agentia Nationala Pentru Resurse Minerale (NAMR) for the exploration of the EX-10 Parta permit, onshore Romania.

Rosneft Agrees to Sell 20% of Taas Subsidiary to BP
Friday, June 19, 2015 Rosneft signs a final binding agreement to sell a 20 percent share of its subsidiary company Taas-Yuryakh Neftegazodobycha (Taas) to BP.

Wintershall Says in Talks to Join Nord Stream Expansion Plan
Friday, June 19, 2015 Wintershall is in talks about joining an expansion plan for Gazprom's Baltic Sea gas pipeline called Nord Stream.

Norway Oil Rig Workers Threaten Strike if Wage Talks Fail
Thursday, June 18, 2015 574 Norwegian rig workers could go on strike from next Thursday if a wage settlement is not reached.

London College Sees 300% Enrollment Spike in Oil, Gas Management Course
Thursday, June 18, 2015 College official credits London's reputation for oil, gas startups as reason for spike in course enrollment.

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