Oil, Gas and Mineral Resources in Europe
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British government supports Southern Gas Corridor's completion

British government supports Southern Gas Corridor's completion | Oil, Gas and Mineral Resources in Europe | Scoop.it
The British government supports the early completion of the Southern Gas Corridor project, which involves the transportation of Azerbaijani gas to Europe, said Baroness Rona Fairhead, UK Minister of State for Trade and Export Promotion.

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Subsea UK review shows £7.5-billion subsea industry supports 45,000 jobs

Subsea UK’s latest business activity review reveals that the industry is generating annual revenues of £7.5 billion, compared to £8.9 billion in 2014.
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Norway's Arctic Oil Ambitions Suffer As Most Promising Well Yields None

Norway's Arctic Oil Ambitions Suffer As Most Promising Well Yields None | Oil, Gas and Mineral Resources in Europe | Scoop.it
Norway's hope of discovering a large oilfield in the Barents Sea has suffered a major setback.
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Oil prices up despite growing number of US drilling rigs

Oil prices up despite growing number of US drilling rigs | Oil, Gas and Mineral Resources in Europe | Scoop.it
World oil prices are rising on June 26 despite the report about the increasing number of drilling rigs in the US.
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Total launches second Plant 4.0 start-up incubator, accelerating digital technology deployment

Total is launching its second Plant 4.0 start-up incubator, joined this year by Air Liquide, AREVA, Eiffage, Solvay and VINCI Energies. This is the very first multi-corporate Plant 4.0 start-up incubator in the world. The partners’ common goal is to accelerate the deployment of digital technology in industry.
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UK oilfield service company to open purpose built facility in Baku

UK oilfield service company to open purpose built facility in Baku | Oil, Gas and Mineral Resources in Europe | Scoop.it
EXPRO international oilfield service company, headquartered in the UK, plans to complete the construction of a new purpose built facility within Shah Deniz 2 project in Baku in October 2017, said the company's manager for Azerbaijan Andy Sadler.
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Aker BP announces 10-year production period extension at Tambar, North Sea

Aker BP announces 10-year production period extension at Tambar, North Sea | Oil, Gas and Mineral Resources in Europe | Scoop.it
LYSAKER -- Tambar- license, with owners Aker BP and Faroe, have now approved Tambar- development, consisting of two additional wells and gas lift. This is a major milestone for Tambar- that extends the production period from about 2018 to 2028 with a potential upside.
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Gassco sets Norwegian gas export record

Gassco sets Norwegian gas export record | Oil, Gas and Mineral Resources in Europe | Scoop.it
Norwegian gas trunklines operator Gassco delivered record volumes from fields offshore Norway to European customers last year.
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Statoil to increase offshore frontier exploration drilling

Statoil to increase offshore frontier exploration drilling | Oil, Gas and Mineral Resources in Europe | Scoop.it
Statoil plans to drill about 30 exploration wells in 2017, with more than half targeting prospects offshore Norway.
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Gazprom to limit supplies if Kiev illegally takes part of transit gas

Gazprom to limit supplies if Kiev illegally takes part of transit gas | Oil, Gas and Mineral Resources in Europe | Scoop.it
TOKYO, December 16. /TASS/. Gazprom has the right to limit supplies if Ukraine illegally takes part of transit gas, Gazprom's head Alexey Miller told reporters on Friday.
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Azerbaijan produces 37.7M tons of oil

Azerbaijan produces 37.7M tons of oil | Oil, Gas and Mineral Resources in Europe | Scoop.it
Azerbaijan produced over 37,717 million tons of crude oil and 26.8 billion cubic metres of natural gas in the eleven months of the year, according to the State Statistical Committee.
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Decision on coal mine close to UK reserve ‘could spell end’ to industry | MINING.com

Decision on coal mine close to UK reserve ‘could spell end’ to industry | MINING.com | Oil, Gas and Mineral Resources in Europe | Scoop.it
Banks Group’s Highthorn coal mine would provide about 100 jobs during its five-year operation, with no mining activity planned within 500 metres of Druridge Bay beach.
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Oil tankers piling up in North Sea show glut facing OPEC

LONDON (Bloomberg) -- A pile up of tankers waiting in the North Sea suggests a glut is building again in the market where benchmark crude is traded, highlighting the task facing OPEC as it seeks to rein in a global glut.
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This is how much copper, nickel, cobalt an electric vehicle world needs | MINING.com

This is how much copper, nickel, cobalt an electric vehicle world needs | MINING.com | Oil, Gas and Mineral Resources in Europe | Scoop.it
Glencore's all in to supply surging demand for copper, nickel and cobalt from electric vehicle boom but CEO Ivan Glasenberg has "zero interest" in lithium.
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Maersk secures four North Sea, deepwater Malaysia rig contracts

Maersk Drilling has won contract extensions of around 105 days for two jackups in the Dutch North Sea.
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EU Countries Lack Investment Strategy In Shift To Low-Carbon Economy

EU Countries Lack Investment Strategy In Shift To Low-Carbon Economy | Oil, Gas and Mineral Resources in Europe | Scoop.it
Most European Union countries lack a clear strategy for redirecting public and private funds towards more sustainable investments as they shift to a low-carbon economy.
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Wood Group Secures Greek LNG Feed

UK Wood Group has won the front-end engineering design contract for the Alexandroupolis floating LNG terminal to be built in northeast Greece.
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Russia and Belarus to decide on single oil and gas market by yearend

Russia and Belarus to decide on single oil and gas market by yearend | Oil, Gas and Mineral Resources in Europe | Scoop.it
Belarus believes that the price for gas from 2025 should be formed in Russian rubles
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First Oil Flows from the Flyndre Field (Scandinavian Oil-Gas Magazine)

First Oil Flows from the Flyndre Field (Scandinavian Oil-Gas Magazine) | Oil, Gas and Mineral Resources in Europe | Scoop.it
Production has begun from the Maersk Oil-operated Flyndre field in the UK and Norwegian North Sea.
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Anar Mammadov: TANAP will ensure natural gas supply security of Turkey

Anar Mammadov: TANAP will ensure natural gas supply security of Turkey | Oil, Gas and Mineral Resources in Europe | Scoop.it
The Trans-Anatolian Pipeline (TANAP) project, designed to transport Azerbaijani gas to Turkey and then to Europe, will help to cover current deficit in Turkey and ensure natural gas security of the country, said Anar Mammadov, Director General of Petkim Holding.
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World’s top uranium producer Kazakhstan to cut output by 10% | MINING.com

World’s top uranium producer Kazakhstan to cut output by 10% | MINING.com | Oil, Gas and Mineral Resources in Europe | Scoop.it
Analysts qualified the move as a “game changer.”
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Statoil getting out of oil sands, takes $500 million loss | MINING.com

Statoil getting out of oil sands, takes $500 million loss | MINING.com | Oil, Gas and Mineral Resources in Europe | Scoop.it
Statoil ASA, (NYSE:STO) the Norwegian-owned oil and gas major, does not believe it has a future in the Canadian oil sands.
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Non-Opec countries agree to cut oil output to ease glut

Non-Opec countries agree to cut oil output to ease glut | Oil, Gas and Mineral Resources in Europe | Scoop.it
First agreement between Opec and non-members since 2001 to jointly limit output is likely to raise prices
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NPD authorizes Ivar Aasen production start-up

NPD authorizes Ivar Aasen production start-up | Oil, Gas and Mineral Resources in Europe | Scoop.it
The Norwegian Petroleum Directorate has granted consent for production start-up on the Aker BP-operated Ivar Aasen field in the North Sea.
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Faroe Petroleum reports discovery in Norwegian Sea

LONDON -- Faroe Petroleum has reported an oil and gas discovery at the Njord North Flank in the Norwegian Sea.
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