EurOil - Europe Oil & Gas

UK's Serica lifts first oil from Triton FPSO after restart

UK-focused oil company Serica Energy said on August 25 it had completed the first lifting of oil from the Triton floating production, storage and offloading unit in the North Sea.

Reach Subsea scores job at Woodside's Scarborough project off Australia

Norwegian subsea services provider Reach Subsea said on August 26 ii had deployed its uncrewed surface vessel Reach Remote 2 to Australia.

Bilfinger scores North Sea deal with BP

German industrial services provider Bilfinger said on August 26 it had secured a contract to deliver inspection services across all of BP’s North Sea assets, expanding its role with the UK energy major.

Norway's Var Energi reaches its 400,000 boepd milestone ahead of schedule

The company said it remains on course to deliver about 430,000 boepd in the fourth quarter of this year as it executes on its growth strategy.

Sidara cuts takeover bid for UK's Wood Group

Dubai-based Sidara has cut its takeover proposal for John Wood Group by about 14% to GBP0.30 ($0.40) per share.

Norway's Northern Lights injects first CO2 into storage

It is billed as the world’s first open-access CO2 transport and storage facility.

US grants Serbia’s NIS sixth sanctions waiver

The delay follows recent US-Russia talks in Alaska, which may have influenced Washington’s decision.

OKEA, Equinor both report Norwegian oil finds

Norwegian oil companies OKEA and Equinor have announced fresh discoveries in the North Sea, adding to a run of recent exploration successes near existing infrastructure.

Aker BP makes one of Norway's largest oil discoveries in decade

Norwegian oil explorer Aker BP announced last week it had made one of the largest commercial oil discoveries in Norway in the past 10 years after completing its Omega Alfa exploration campaign in the North Sea’s Yggdrasil area.

GECF casts doubt on US-EU energy deal yielding material gains

The GECF warns that the EU-US energy trade deal is unlikely to deliver a major increase in US LNG sales to Europe.

Canada prepares to open LNG talks with Germany

New LNG exporter Canada is shifting its gaze from markets in Asia to Europe with Ottawa set to open talks with buyers in Germany.

Turkey’s Sasa to establish company for $25bn refinery, petrochemicals investment

Turkey’s Sasa Polyester Sanayi A.S. has announced a decision to establish a wholly owned subsidiary, Sasa Rafineri A.S., with an initial capital of TRY 100mn ($2.4mn), to lead its strategic $25bn investment in a refinery and petrochemical complex.

US expected to delay sanctions on Serbia’s NIS again, says Srbijagas CEO

With signs of rapprochement between Washington and Moscow, it is unlikely that US President Donald Trump would move forward with sanctions affecting Russia’s energy partners such as Serbia.

OGT2025 conference and exhibition in Ashgabat gains momentum

Preparations are gathering momentum for the landmark 30th Anniversary International Conference and Exhibition “Oil and Gas of Turkmenistan – 2025”, scheduled to take place from 22 to 24 October in Ashgabat.

Slovak economy minister renews criticism of EU’s phase out of Russian gas imports

Slovak Minister of Economy Saková renews the criticism of the EU's Russian gas phase-out plan after PM Fico claimed he had obtained "energy guarantees" from the EU.

War of words escalates between Budapest Brussels and Kyiv following the latest Druzhba oil pipeline attacks

US President Donald Trump is very angry with Hungarian Prime Minister Viktor Orban over the attacks on Russia’s Druzhba oil pipeline that lead to an exchange of irate letters over the weekend.

Slovak Minister of Foreign Affairs Blanár steps up criticism of Ukraine in response to Druzhba oil flow halts

Slovak populist Blanár criticises Ukraine after the Slovak government assured the public that the halt of Russian Druzhba oil flow does not pose a risk to Slovakia.

MOL moves to calm supply fears after fresh Ukrainian strike on Druzhba oil pipeline

Hungarian oil and gas giant MOL sought to reassure markets and consumers on August 22 that energy supplies to Hungary remain secure

Slovak government expects Druzhba oil pipeline flow to restart by August 25 after another halt

Slovak minister of economy Sakova assured that country has oil reserves for at least 100 days

Serbia’s NIS seeks sixth US sanctions waiver

Serbia’s state-run oil company NIS has requested a sixth waiver from US sanctions, as its current licence permitting operations under restrictions is due to expire on August 27.

Czech branch of Polish Orlen reports a loss of CZK5bn in H1

The Czech branch of the Polish refiner incurred a loss amid high energy prices and modernisation investments

Hungary's foreign ministry thanks Russian deputy energy minister for repairing Druzhba pipeline

Serbia in talks with Russia on long-term gas deal

Energy Minister Dubravka Dedovic Handanovic says Serbia is in advanced negotiations with Russian energy giant Gazprom.

Serbia’s NIS advances digital transformation in oil and gas operations

NIS has expanded its digital transformation initiatives in oil and gas exploration and production, investing more than €2mn to enhance its production management centre in Novi Sad.

Centrica signs gas deal with Devon

Centrica Energy has entered into a natural gas sale and purchase agreement with US shale producer Devon Energy.

Druzhba oil flow to Slovakia and Hungary is renewed

The oil flow from the Russian Druzhba pipeline was renewed late on August 19 after a Ukrainian drone attack temporarily halted flows.