Libya aims for 1.2m barrels per day by August
16 February, 2017
OPEC member country Libya plans to boost oil production to 1.2m barrels per day by August this year, Jadalla Alaokali, a member of the board of directors at National Oil Corporation has announced.
Scotland launches decommissioning fund
09 February, 2017
First Minister Nicola Sturgeon yesterday, Wednesday 8 February, unveiled a new £5m fund to support Scottish companies looking to pursue North Sea decommissioning opportunities.
Statoil makes North Sea Valemon field discovery
07 February, 2017
Norwegian multinational oil and gas company Statoil has made a discovery on the west side of its Valemon field in the Norwegian North Sea estimated to contain between 20 and 50m barrels of oil equivalent.
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