Image - Eni has Been Awarded 3 New Exploration Licenses in Egypt

Eni has Been Awarded 3 New Exploration Licenses in Egypt

Eni continues to renew, expand and diversify its exploration portfolio. In the last months, Eni has entered into new countries, such as South Africa and Myanmar, and acquired new areas like, such as in China and Vietnam. San Donato Milanese (Milan), 25 September 2014 – Eni was the successful bidder of 3 new exploration licenses in Egypt as a result of the competitive 2013 EGPC and EGAS bid rounds. The new licenses will be formally awarded soon...

Oil and Gas - Sep 25, 2014


Image - Gas Discovery in Pingvin

Gas Discovery in Pingvin

Operator Statoil has together with PL713 partners made a gas discovery in the Pingvin prospect in the Barents Sea. The discovery is a play opener in a frontier unexplored area of the Barents Sea northwest of Johan Castberg. The discovery well 7319/12-1, drilled by the drilling rig Transocean Spitsbergen , proved a 15-metre gas column in the well path. Statoil estimates the volumes in Pingvin to be in the range of 30-120 million barrels of reco...

Oil and Gas - Sep 26, 2014


Image - Statoil Steps Up Advocacy on Carbon Pricing and Methane Reduction Efforts

Statoil Steps Up Advocacy on Carbon Pricing and Methane Reduction Efforts

“Fighting climate change is vital,” says Lund. “More than 80% of greenhouse gas emissions are linked to the use of fossil fuels. Statoil has a clear objective—to be recognised as the most carbon-efficient oil and gas producer in the world.” Today, Lund will address the importance of the Climate and Clean Air Coalition (CCAC) Oil and Gas Partnership on behalf of the founding partners at Secretary General Ban Ki-moon’s press conference at the UN...

Oil and Gas - Sep 23, 2014