ICGB, the JV developing the Interconnector-Greece-Bulgaria (IGB) gas pipeline, has shortlisted five groups to bid for the design and construction of the 182-km project.
Norway’s offshore investors stand to gain from Germany’s plans to phase out coal-fired power generation, with demand for Norwegian gas exports forecast to rise in response.
The UK government has approved plans by Repsol Sinopec Resources UK (RSRUK) for the decommissioning of the Beatrice oilfield in the North Sea.
Regional energy ministers meeting in Cairo on January 14 agreed to establish the East Mediterranean Gas Forum. The purpose of the body is to expedite the development of hydrocarbon resources in...
Legislation aimed at banning oil and gas exploration off the Irish coast is now in limbo after an inconclusive vote on December 18 by an Oireachtas committee.
The US House of Representatives has passed a resolution expressing the country’s official opposition to the Russian-led Nord Stream 2 gas pipeline in the Baltic Sea.
Around 500 million euros (US$567 million) will be invested over the next seven to eight years in exploring Greece’s western offshore zone, a leading energy official said this week.
BP has announced first oil from the Clair Ridge project in the West of Shetland (WoS) section of the UK North Sea.
Ineos has emerged as the company that last week made a bid for ConocoPhillips’ North Sea portfolio.
Oil and gas operators in the North Sea are driving suppliers too hard, pushing for unsustainably low prices despite the rebound in oil prices, according to the CEO of oilfield services consultancy...
Norwegian Energy Company (Noreco) has acquired Royal Dutch Shell’s upstream assets in Denmark in a transaction valued at US$1.9 billion.
Romania’s Transgaz is preventing foreign investors from supplying gas to the country’s grid and instead advising them to flare gas at a time of declining domestic production and rising prices, the...
Romania’s lower house of parliament has approved a long-awaited legal framework for offshore oil and gas exploration that will determine whether OMV Petrom and ExxonMobil pursue multi-billion euro...
Norway anticipates the price it commands for gas exports will decrease by 25% between now and 2021 as global LNG supplies outpace European demand.