Weekly Upstream Oil & Gas news highlights

Oil and gas boost European government revenues

A new study has found that oil and gas boosts European government treasuries by over €400 billion annually.

Statoil granted drilling permit in Norwegian North Sea

Statoil Petroleum AS has been granted drilling permit for well 7325/1-1 in Norwegian North Sea.

Tethys awarded 15 year extension to Kyzyloi gas contract

Tethys Petroleum Limited has confirmed it has received an extension its Kyzyloi production contract for a further 15 years to June 2029.

Mosman Oil and Gas to extend New Zealand exploration programme

Mosman Oil and Gas is set to expand its New Zealand exploration programme with the addition of a potential fourth and fifth exploration well.

First-ever oil column discovered offshore East Africa

Pancontinental Oil and Gas has announced that its Sunbird-1 well off the southern Kenyan coast has intersected an oil column.

TGS announces new multi-client 3D survey offshore Shetland

TGS has commenced acquisition of a new 3D multi-client survey in the West of Shetland region.

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