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NEWS |
Aker Energy postpones submission of development plan over involvement of Russian firm
Norway's Aker Energy said on Wednesday it would postpone submission of a development plan for its Pecan oilfield off Ghana amid concern the project could face sanctions over the war in Ukraine due to (...)
NEWS |
Shell Completes Sale of Russian Assets to Lukoil
Following all necessary regulatory approvals, Shell’s sale of Shell Neft, its retail stations and lubricants business in Russia, to Lukoil has been completed.
NEWS |
Spain's Meroil won't break ties with Lukoil, confident of no sanctions impact
Spanish oil operator Meroil has no plans to sell its 50% stake in a joint venture with Russia's Lukoil in a Barcelona oil terminal due to the conflict in Ukraine, a top executive told Reuters on Frida (...)
NEWS |
LUKOIL increases use of renewable energy for own needs
As part of its work on reducing controlled greenhouse gas emissions, LUKOIL augments supply of electricity from its own renewable energy sources to its own production facilities.
NEWS |
Lukoil closes $435 million deal to enter shallow water blocks off Mexico
Russia’s Lukoil has completed the acquisition of a 50 per cent operated interest in the Area 4 project – located in shallow waters offshore Mexico – through a deal with the operator’s holding company (...)
NEWS |
Woodside pre-empts Cairn sale of Sangomar interest to Lukoil
Woodside has given notice exercising its right to pre-empt the sale by Capricorn Senegal Limited (Cairn) to LUKOIL Upstream Senegal BV (Lukoil) of Cairn’s entire participating interest in the Rufisque (...)
NEWS |
Cairn Energy exits Senegal oil field project via US$400mln LUKOIL deal
Cairn Energy PLC has agreed to sell its offshore Senegal assets to LUKOIL for US$400mln in cash.
NEWS |
Lukoil installs accommodation platform jacket at V.I. Grayfer field in Caspian Sea
Lukoil completed installation of a jacket for an accommodation platform topside at the V.I. Grayfer field in the Caspian Sea. The offshore operations involved 110 workers and nine vessels.
NEWS |
On Equinor’s wishing list is a new oil field near border to Russia
The Norwegian Petroleum Directorate has granted the necessary drill permits for two wells located on 71 degrees North, about 170 km north of the Norwegian mainland.
NEWS |
Eni and Lukoil sign agreement on exploration licenses offshore Mexico
The companies have signed a farm-out agreement for the transfer of participating interests in three exploration licenses in Mexico’s shallow water.
NEWS |
McDermott Awarded EPC Contract for LUKOIL Refinery
McDermott International, Inc. yesterday announced it has been awarded a significant* contract by LUKOIL NizhegorodNefteorgSyntez, a subsidiary of JSC LUKOIL, for the engineering, procurement and const (...)
NEWS |
Lukoil completes drilling of first Caspian Sea production well
Russian energy company Lukoil has completed drilling of the first Caspian Sea production well from the wellhead platform. Located at the Yury Korchagin field, the well was drilled in the second field (...)