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Oil & gas news

 
 

Statoil gains union support for proposed name change

All of the seven main representatives of Statoil’s labour unions – Industri Energi, SAFE, NITO, Tekna and Lederne – support the proposal by the board of directors to the annual general meeting to change our name from Statoil to Equinor.

 

OMV acquires Shell’s upstream business in New Zealand

OMV, the international integrated oil and gas company based in Vienna, has agreed to acquire Shell’s Upstream business in New Zealand comprising joint venture interests in Pohokura (48%), the largest gas producing field in New Zealand, and Maui (83.75%) as well as related infrastructure for production, storage and transportation.

 
 
 
 
 

Zoltav Resources planning well on the Bortovoy Licence, Saratov, in 2018

Zoltav, the Russia-focused oil and gas exploration and production company, has provided an update on the Company's exploration programme to assess the resource potential of the Carbonian and Devonian structures in the Western Fields of the Bortovoy Licence, Saratov.