Search Results for: oil discovery

BP Egypt announced significant gas discovery in Salamat Well, East Nile Delta in Egypt

10-9-2013 — /EuropaWire/ — BP Egypt today announced a significant gas discovery in the East Nile Delta. The deepwater exploration well, named Salamat, is the deepest well ever drilled in the Nile Delta. It is the first well in the North Damietta … Read the full press release

International oil and gas company OMV announced it will recruit 1,600 new expert employees by 2016

OMV needs additional 1,600 experts by 2016 Growth in Exploration & Production to create new jobs International careers with exciting prospects 05-8-2013 — /EuropaWire/ — OMV, the integrated, international oil and gas company, has launched a new job initiative. The planned … Read the full press release

University of Nottingham’s breakthrough discovery to enable crops to take nitrogen from the air instead of from expensive and environmentally damaging fertilisers

29-7-2013 — /EuropaWire/ — A major new technology has been developed by The University of Nottingham, which enables all of the world’s crops to take nitrogen from the air rather than expensive and environmentally damaging fertilisers. Nitrogen fixation, the process by which … Read the full press release

LUKOIL JOINS UPSTREAM PROJECT OFF SIERRA LEONE SHORE IN THE GULF OF GUINEA

LUKOIL JOINS UPSTREAM PROJECT OFF SIERRA LEONE SHORE IN THE GULF OF GUINEA

8-11-2012 — /europawire.eu/ — LUKOIL has acquired a 25% stake in the geological exploration, development and production project at the SL-4B-10 offshore block in the waters of the Republic of Sierra Leone in the Gulf of Guinea. LUKOIL acquired this stake from Canada’s Talisman Energy, the project operator. The … Read the full press release

Statoil ASA (OSE: STL, NYSE: STO) has signed an agreement to exit the Brage licences, farm down in Gjøa and Vega and acquire a 15% stake in the Edvard Grieg licence near the Johan Sverdrup field in the North Sea

This transaction with the German oil and gas company Wintershall gives Statoil net proceeds of USD 1.45 billion, and begins a strategic partnership between Statoil and Wintershall.

Transaction to realise value and secure long-term growth on the NCS  24-10-2012 — /europawire.eu/ — The consideration to be paid by Wintershall includes a contingent consideration of USD 100 million relating to the production on Vega. “This transaction realises significant value … Read the full press release

Glengorm becomes another great success for Total in the North Sea offshore U.K.

(PRESS RELEASE) PARIS, 29-Jan-2019 — /EuropaWire/ — Total has announced a new significant discovery on the Glengorm prospect located in the Central Graben, which is part of the P2215 license. The license was previously part of the Maersk Oil portfolio, in water … Read the full press release

Eni awarded 4 exploration licenses in the Barents Sea, offshore Norway

This success in the Norwegian upstream confirms Eni’s commitment to a region with a high potential for exploration where Eni has recently announced the important oil discoveries of Skrugard (2011) and Havis (2012), now renamed as Johan Castberg. San Donato … Read the full press release

Equinor Awards Valaris USD 498 Million Contract for Raia Project, Promising Significant Economic and Energy Impact in Brazil

(IN BRIEF) Valaris has secured a major drilling contract from Equinor, Repsol Sinopec Brasil, and Petrobras for the Raia project in Brazil. The project, located in the pre-salt region of the Campos basin, is expected to begin drilling operations in … Read the full press release

Equinor and Partners Commence Production at Lavrans Well in Kristin South Area

(IN BRIEF) Equinor, along with partners Petoro, Vår Energi, and TotalEnergies EP Norge, has commenced production from the first well at the Lavrans field in the Kristin South area, marking the first phase of the Kristin South project. Approved in … Read the full press release

Eurofins and trinamiX Partner to Revolutionize Forage Analysis with On-the-Spot Technology

(IN BRIEF) Eurofins Agro Testing Wageningen has partnered with trinamiX to transform forage analysis by developing technology that allows for immediate on-site testing, eliminating the need for laboratory sample sending. This collaboration leverages Eurofins’ extensive analytical experience and global lab … Read the full press release

Eni’s Q1 2024 Results Show Accelerated Growth and Strategic Portfolio Transformation

(IN BRIEF) Eni’s Board of Directors, under the leadership of Giuseppe Zafarana, approved the unaudited consolidated results for Q1 2024, showcasing an accelerated transformation of the company’s portfolio. CEO Claudio Descalzi highlighted key achievements, including the acquisition of Neptune Energy … Read the full press release

Beiersdorf Unveils Breakthrough Anti-Glycation Ingredient to Combat Sugar-Induced Skin Aging

(IN BRIEF) After nearly a decade of research, Beiersdorf has revealed a groundbreaking discovery in skincare: a patented active ingredient called NAHP, also known as GLYCOSTOP™, designed to counteract the skin’s glycation process induced by sugar consumption, which contributes to … Read the full press release

Equinor Posts Robust Q4 Earnings of USD 8.68 Billion Amid Strategic Growth Moves

(IN BRIEF) Equinor, a leading energy provider, reported strong financial results for the fourth quarter of 2023, recording adjusted earnings of USD 8.68 billion and USD 1.88 billion after tax. The quarter saw significant operational achievements, including a 2.1% production … Read the full press release

Eni CEO and Indonesian President Discuss Energy Transition and Gas Potential in High-Level Meeting

(IN BRIEF) The President of Indonesia, Joko Widodo, met with Claudio Descalzi, the CEO of Eni, in Jakarta to discuss Eni’s ongoing projects and future initiatives in Indonesia. Descalzi highlighted Eni’s significant milestones in 2023, including the discovery of 5 … Read the full press release

Thales Partners with IIT Madras for Fourth Edition of Carbon Zero Challenge

(IN BRIEF) Thales, a global technology company, has continued its support for the Carbon Zero Challenge (CZC) organized by the Indian Institute of Technology (IIT) Madras as part of its corporate social responsibility (CSR) efforts in India. The CZC 4.0 … Read the full press release

Equinor and SOCAR Forge Agreement on Azerbaijan Asset Divestment and Low-Carbon Collaboration

(IN BRIEF) Equinor has signed an agreement to sell all its remaining assets in Azerbaijan to SOCAR (State Oil Company of Azerbaijan Republic). These assets include stakes in the Azeri Chirag Gunashli (ACG) oil fields, the Baku-Tbilisi-Ceyhan (BTC) pipeline, and … Read the full press release

TotalEnergies and Nigeria Strengthen Long-Term Partnership, Commit to Emissions Reduction

(IN BRIEF) TotalEnergies’ Chairman and CEO, Patrick Pouyanné, met with Nigerian President Bola Ahmed Tinubu to reaffirm the enduring partnership between TotalEnergies and Nigeria. Over the past decade, TotalEnergies has been the largest private energy investor in Nigeria, with significant … Read the full press release

ORLEN Group’s PGNiG Upstream Norway Expands Natural Gas Operations with KUFPEC Norway Acquisition

(IN BRIEF) PGNiG Upstream Norway, a subsidiary of the ORLEN Group, is set to take control of KUFPEC Norway, a hydrocarbon producer, significantly boosting the ORLEN Group’s natural gas output in Norway by over one-third, reaching 4 billion cubic meters … Read the full press release

Shell and Oman LNG Extend Partnership Beyond 2024, Securing Long-Term Gas Supply Agreements

(IN BRIEF) Shell Gas BV, a subsidiary of Shell plc, along with partners in the Oman LNG LLC venture, have signed an amended shareholders’ agreement for Oman LNG LLC, extending the business beyond 2024. Shell Gas will remain the largest … Read the full press release

Borealis Awards Scientific Innovators and Recognizes In-House Talent at Innovation Day

(IN BRIEF) During the Borealis Innovation Day held in Linz, Austria, on October 17, 2023, the Borealis Innovation and Technology team announced the recipients of the Borealis Scientific Innovation Award (BSIA) and the InnoTech Recognitions. The BSIA aims to identify … Read the full press release

Eni Awards 2023 Recognize Pioneering Research in Energy and Environment

(IN BRIEF) The Eni Awards ceremony for 2023 took place at Palazzo del Quirinale in Rome, attended by the President of the Republic Sergio Mattarella, Eni’s Chairman Giuseppe Zafarana, and Eni’s CEO Claudio Descalzi. These awards, now in their fifteenth … Read the full press release

Bayer Invests EUR 220 Million in Future of Regenerative Agriculture and Crop Protection Innovation

(IN BRIEF) Bayer is making a significant investment of EUR 220 million in research and development (R&D) at its Monheim site in Germany, focusing on its Crop Protection business. This represents the company’s largest single investment in Crop Protection in … Read the full press release

TotalEnergies and INPEX Collaborate with PTTEP for Acquisition of AC-RL7 Permit in Australia

(IN BRIEF) TotalEnergies and INPEX have partnered with PTTEP to acquire the AC-RL7 permit in Australia. TotalEnergies will own 26% while INPEX will have a 74% stake and assume operatorship, subject to regulatory approval. The permit includes Cash and Maple … Read the full press release

Ancient Marine Reptile’s Fossil Unveils Ancient Use of Whale-Like Filter Feeding

(IN BRIEF) Recent fossil discovery in China sheds light on a remarkable aspect of prehistoric marine life – the use of whale-like filter feeding by a group of reptiles over 250 million years ago. Researchers from China and the UK … Read the full press release

Egyptian DISOUCO Venture Attains Zero Routine Flaring, Led by Wintershall Dea and EGAS

(IN BRIEF) Wintershall Dea, in partnership with the Egyptian Natural Gas Holding Company (EGAS), has achieved zero routine flaring at the DISOUCO Joint Venture in Egypt, becoming the first company in the country to do so. This accomplishment is part … Read the full press release

TotalEnergies Secures 20-Year Renewal for OML130 Production License in Nigeria

(IN BRIEF) TotalEnergies has successfully renewed the production license for OML130 block in Nigeria for an additional 20 years. The block, located off the Nigerian coast, is home to the productive Akpo and Egina fields. In 2022, the block produced … Read the full press release

ORLEN Group’s PGNiG Upstream Norway Discovers Significant Increase in Øst Frigg Field Reserves

(IN BRIEF) PGNiG Upstream Norway, a subsidiary of the ORLEN Group, has announced a significant increase in the estimated oil reserves of the Øst Frigg Beta/Epsilon discovery. The field may contain twice as much oil as previously assumed, with recoverable … Read the full press release

Nestle establishes Institute of Agricultural Sciences to promote sustainable food systems

(IN BRIEF) Nestlé has opened an Institute of Agricultural Sciences to advance sustainable food systems and develop science-based solutions in agriculture. The institute is dedicated to screening and developing solutions in key focus areas, such as plant science, agricultural systems, … Read the full press release

Rolls-Royce installed 6 mtu Kinetic PowerPacks at one of the world’s largest supercomputers located at King Abdullah University for Science and Technology (KAUST) in Saudi Arabia

Six mtu Kinetic PowerPacks installed for uninterrupted power supply of supercomputer facility of King Abdullah University of Science and Technology’s (KAUST)  First half of contract for customized emergency power supply completed (PRESS RELEASE) LONDON, 3-Nov-2022 — /EuropaWire/ — Rolls-Royce (LSE:RR., … Read the full press release

Equinor gibt neue Öl- und Gasentdeckung in Skavl Stø in der Barentssee bekannt

(PRESSEMITTEILUNG) STAVANGER, 9-Jun-2022 — /EuropaWire/ — Equinor ASA (OSE:EQNR, NYSE:EQNR), ein Öl-, Gas-, Wind- und Solarenergieunternehmen, das in mehr als 30 Märkten weltweit tätig ist , hat eine neue Entdeckung von Öl und Gas in Skavl Stø, Explorationsbohrung 7220/8-3, bekannt … Read the full press release

DNV research: majority of energy experts anticipate physical damage to assets and loss of life due to cyber-attacks

Energy professionals believe that cyber-attacks on the industry are likely to cause harm to life, property and the environment in the next two years. 84% expect physical damage to assets and 57% anticipate loss of life Less than half (47%) … Read the full press release

TotalEnergies gibt bedeutende Entdeckung von Leichtöl mit Begleitgas in Block 2913B tief vor der Küste Namibias bekannt

(PRESSEMITTEILUNG) PARIS, 24-Feb-2022 — /EuropaWire/ — TotalEnergies (EPA:TTE), eines der sieben „Supermajor“-Ölunternehmen, hat bekannt gegeben, dass eine bedeutende Entdeckung von Leichtöl mit Begleitgas gemacht wurde auf dem Venus-Prospekt in Block 2913B im Orange Basin vor der Küste Südnamibias. Das Bohrloch … Read the full press release

TotalEnergies und APA Corporation gaben eine neue Öl- und Begleitgasentdeckung in Block 58 vor der Küste von Suriname bekannt

(PRESSEMITTEILUNG) PARIS, 21-Feb-2022 — /EuropaWire/ — TotalEnergies (EPA:TTE), eines der sieben „Supermajor“-Ölunternehmen, und die APA Corporation, ein amerikanisches Unternehmen, das sich mit der Exploration von Kohlenwasserstoffen beschäftigt, gaben dies bekannt eine bedeutende neue Öl- und Begleitgasentdeckung bei der Krabdagu-1-Bohrung im … Read the full press release

TotalEnergies to sell 20 percent interest in Greater Laggan Area fields and in the Shetland Gas Plant in the UK to Kistos Energy Limited

(PRESS RELEASE) PARIS, 31-Jan-2022 — /EuropaWire/ — TotalEnergies (EPA: TTE), one of the seven “supermajor” oil companies, has announced the sale of 20 percent interest in Greater Laggan Area fields and in the Shetland Gas Plant in the UK to … Read the full press release

TotalEnergies, ANPG start the production of CLOV Phase 2, some 140 kilometers off the Angolan coast

(PRESS RELEASE) LUANDA, Angola, 3-Dec-2021 — /EuropaWire/ — TotalEnergies (EPA: TTE), one of the seven “supermajor” oil companies, has announced the start of the production of CLOV Phase 2 off the Angolan coast, a project connected to the existing CLOV … Read the full press release

Seadrill Management S PTE Ltd awarded 4-years drilling contract for the Bacalhau field in Brazil

(PRESS RELEASE) STAVANGER, Norway, 28-Apr-2021 — /EuropaWire/ — Equinor ASA (FRA: DNQA), an energy company that develops oil, gas, wind and solar energy active in more than 30 countries, has announced that Equinor Brasil Energia Ltda has, on behalf of … Read the full press release

Eni awarded 70% stake in the Exploration Offshore Block 3, one of Abu Dhabi’s largest offshore exploration concessions

(PRESS RELEASE) ABU DHABI, UAE, 21-Dec-2020 — /EuropaWire/ — Italian multinational oil and gas company, Eni announces the signing of Concession Agreement for the acquisition of a 70% stake in the Exploration Offshore Block 3, leading a consortium including a … Read the full press release

Siemens Energy to base its new Corporate Center in Berlin; headquarters remain in Bavaria

Siemens Energy Corporate Center in Berlin Joint location and structural concept planned with the State of Berlin Company’s administrative headquarters remain in Bavaria (PRESS RELEASE) BERLIN, 25-Sep-2020 — /EuropaWire/ — Global energy technology company Siemens Energy, already as a stand-alone … Read the full press release

Installation of the world’s longest electrically trace-heated subsea production pipeline in progress

(PRESS RELEASE) LONDON, 2-Sep-2020 — /EuropaWire/ — Neptune Energy announces that it has started the installation of the world’s longest heated subsea production pipeline in the Norwegian sector of the North Sea. The world’s longest heated subsea production pipeline is … Read the full press release

Eni, SNOC discover new gas field in UAE Sharjah’s onshore

(PRESS RELEASE) SAN DONATO MILANESE, Italy, 28-Jan-2020 — /EuropaWire/ — The partnership between Eni, Italian gas company and Sharjah National Oil Corporation (SNOC) has borne fruit after a year, following concession agreement, in a discovery of gas and condensate in … Read the full press release