Tensions between Greece and Turkey over oil and gas exploration in the Eastern Mediterranean eased a…
Oil & Gas – Offshore
Turkish Black Sea gas discovery fails to ease East Med tensions
Turkey has discovered a Black Sea gas but tensions with Greece over drilling rights in the…
Gas standoff in East Mediterranean as Turkey confronts Eni drillship
Tensions between Turkey and Cyprus over ownership of offshore hydrocarbon resources in the Mediterranean flared up…
Future of Chabahar and Farzad B high on agenda for Rouhani visit to India
Progress on the upgrade of the Iranian port of Chabahar and delays over the awarding of…
Exxon’s Black Sea hopes dashed
The Trump administration has rejected Exxon Mobil’s application for a waiver from sanctions imposed on Russia after…
Exxon in bid to resume Russian JV
Exxon Mobil has applied to the Treasury Department for a waiver from US sanctions on Russia in…
Eni sells Zohr stake to Rosneft and gives Qatar a foothold in the Med
Just weeks after snapping up the Russian government’s stake in Bashneft for around $5bn and days…
Total wins race to sign first energy deal with Iran since end of sanctions
France’s Total this week became the first western energy company to sign a major deal with Tehran…
Russian Minister passes Turkish Stream buck back to Brussels
Russia will only agree to build a European extension to its Turkish Stream pipeline once it…
Baku extends Absheron deadline in price tussle with Total
Azerbaijan has agreed to give France’s Total more time to submit its development plans for the first phase…
Minister hails ‘new chapter’ as Lukoil buys stake in Norwegian oil licence
Lukoil subsidiary Lukoil Overseas North Shelf , has acquired a 20% stake in the first Norwegian oil…
Tehran to raise $1.2bn in South Pars bonds to pay for future development
South Pars bonds: Iran’s oil ministry was today due to issue $1.7bn in bonds, $1.2bn of which will…
BP Azerbaijan announces plans to drill off Absheron peninsula
BP Azerbaijan is planning to start exploratory drilling on in the shallow waters of the Absheron peninsula…
Rosneft subsidiary starts drilling at Vietnam’s offshore fields
Vietnam’s offshore fields: Rosneft Vietnam has started drilling exploration wells in the Nam Con Son Basin…
Rouhani and Aliyev pave way for Caspian Sea cooperation
Caspian Sea cooperation: During a meeting with his Azeri counterpart Ilham Aliyev in Tehran yesterday, Iran’s President Rouhani…
Kish Island gas field operational next year, refinery to be financed by FDI
Iran expects to start recovering gas from its Kish Island gas field in the Persian Gulf…
Total close to deal over next-generation rig for Absheron field in Caspian Sea
France’s Total company and Azerbaijan’s state-run SOCAR are close to completing negotiations on the completion and delivery of…
Shah Deniz 2 on course for 2018 – BP
The massive Shah Deniz 2 gas project in Azerbaijan’s sector of the Caspian Sea is now…
Ineos buys up Fridman’s North Sea fields
The Swiss chemical company Ineos has acquired the 11 oil and gas fields in the UK’s North Sea waters that Russian…
Russia ‘too slow’ to find new sources of offshore technology
Offshore technology: Russia was ‘too slow’ to find alternative supplies of equipment for offshore oil production…
Eni discovers ‘supergiant’ gas field off Egypt
The Italian energy company Eni has discovered a “super giant” natural gas field off the Mediterranean coast of…
Turkmen gas exports to Europe move up Caspian agenda
Turkmen gas exports to Europe: Foreign ministers from Azerbaijan, Turkmenistan and Turkey today resolved to trilaterally…
Bulgaria to develop Khan Asparuh oil field in Black Sea
Bulgaria is to begin developing the Khan Asparuh oil field in its Black Sea waters next…
Iran earmarks $1.4bn for development of Kish gas field
Iran has earmarked $1.4bn for the development of the Kish gas field to the south of Kish Island…