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Norway, Partners Sanction sgard B Project in Norwegian Sea

2021-03-04 15:30:02| OGI

The low-pressure project at the sgard Field, where production began in 1999, aims to increase production from the Smrbukk wells, according to a news release.

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Exxon Mobil Sells UK North Sea Assets in Deal Worth over $1 Billion

2021-02-24 18:00:00| OGI

The sale of U.K. North Sea upstream assets on Feb. 24 helps the U.S. oil major free up capital for projects elsewhere, says Exxon Mobil Vice President Neil Chapman.

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Black Sea Oil & Gas to Begin Romania Offshore Gas Extraction in November

2021-02-24 11:24:00| OGI

Critics warn Romanias window to tap its offshore reserveswhich could diversify gas supplies in the region and help Romania phase out coal in line with EU targetsis narrowing.

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Neptune Energy, Partners Crank Up Gja P1 in North Sea

2021-02-23 15:37:41| OGI

Neptune said the Gja Field is now expected to produce more than 100 million barrels of oil equivalent over 2010 production estimates.

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Delek Eyes Dual Listing for North Sea Unit Ithaca Energy

2021-01-28 14:45:00| OGI

Israeli conglomerate Delek Group is looking to dual-list the shares of its North Sea unit Ithaca Energy in London and Tel Aviv, with bondholders set to receive some of those shares.

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