Oil & gas news

Po Valley Energy has announced that its 65% owned AIM-listed subsidiary, Saffron Energy has received the final approval from the Italian Ministry of Economic Development (UNMIG) for gas production at the Bezzecca gas field.

NSRI to examine the technological needs for condition monitoring, predictive failure and maintenance.

Chief Executive Officer, Tony O'reilly, comments on the company's progress in 2016 and drilling plans for 2017.

Black Sea Oil & Gas SRL has announced the awarding of a contract for the drilling of two offshore exploration wells located in the XV Midia Shallow Block, Romanian Black Sea continental shelf, to GSP Offshore SRL.

Aker BP ASA is the operator of production licence 442 in the North Sea. Aker BP has made a discovery in a prospect named Frigg Gamma Delta, around 20 km east of the Frigg field.

Independent geoscience and engineering service provider, Next Geosolutions, has announced the acquisition of UK-based marine resource solutions company, RMS Submarine Ltd.

Despite the low cycle that the market is facing, a total of 30 crude and natural gas projects are expected to start operations in the North Sea by 2020.

Savannah Petroleum PLC has provided an update on its upcoming drilling campaign in Niger.

Lundin Petroleum AB has announced that its wholly owned subsidiary Lundin Norway AS (Lundin Norway) has completed the Edvard Grieg Southwest appraisal well 16/1-27.

Wood Group has been awarded a contract with Statoil to provide front end engineering design (FEED) to the subsea flowline system of the Snorre Expansion Project in the Norwegian North Sea.