Tag Archives: oil and gas exploration

ORLEN Upstream Norway Makes Significant Discovery in Skarv Area, Estimated at 3-7 Million Barrels of Oil

(IN BRIEF) ORLEN Upstream Norway, together with its license partners, has made a new oil discovery in the Skarv area of the Norwegian Sea, estimated at 3-7 million barrels. Another discovery was made during drilling, with resources estimated at 1-2 … Read the full press release

CEPSA announced it now controls 42% in MEDGAZ S.A., the operator of Algerian-European gas pipeline via Spain

Exercising its right of first refusal, CEPSA has acquired part of GdF Suez´s shareholdings in the MEDGAZ consortium CEPSA will maintain a 20% share of the deepwater pipeline’s transport capacity Madrid, 06-8-2013 — /EuropaWire/ — As provided in the Bylaws of MEDGAZ … Read the full press release