EurOil - Europe Oil & Gas

21 August 2020

Premier unveils plan to tackle debt

20 August 2020

UK-based Premier Oil unveiled a plan this week that seeks to help pay down its debt and alleviate shareholder concerns over the state of its finances.

Maersk secures additional Aker BP contract

20 August 2020

Maesrk Drilling announced on August 20 that it had secured an additional one-well contract from Aker BP for the Maersk Integrator jack-up rig.

Golar provides update on FSRU for LNG Croatia

20 August 2020

LNG player Golar Energy has provided an update on its Viking floating storage and regasification unit conversion project, with CEO Iain Ross saying the vessel is due to depart from China to Europe in September.

Rathlin, Union Jack plan new conventional onshore wells in England

20 August 2020

Rathlin Energy and partner Union Jack Oil are planning the next phase of the onshore West Newton conventional project in Yorkshire, northern England.

Shell seeks sale of Norway’s Gasnor

20 August 2020

Royal Dutch Shell is reportedly in talks to sell Norway-based gas business Gasnor, with the move forming part of a broader push to sell non-core assets.

Allseas reports on North Sea platform removals

20 August 2020

Offshore contractor Allseas has completed the removal of processing and accommodation topsides and flare jackets as part of the Tyra redevelopment project for Total in the Danish North Sea and is preparing for its next platform removal in UK waters.

Claim that Turkey’s made Black Sea energy discovery sends ripple through markets

19 August 2020

Erdogan promises to deliver Turks some “good news” in two days that will signal “the beginning of a new era” for the nation. Against backdrop of beleaguered lira, Turkish president is badly in need of a lift.

Eastern promise stokes tensions

18 August 2020

Turkish moves to explore for oil and gas in contested waters in the Eastern Mediterranean have inflamed tensions in the region.

Turkish refiner Tupras swings to Q2 net loss of TRY185mn

17 August 2020

Turkish refiner Tupras swings to TRY185mn net loss in Q2. Oil price and pandemic woes deal company double blow. Major companies in Turkey showing chunky FX deficits. Turkish Airlines becoming another burden for country.

Competition between pipeline gas, LNG in Europe rises as regasification capacity grows

14 August 2020

LNG imports are increasingly competing with pipeline gas in Europe, with further regasification capacity under development.