Tag: offshore

MOL announced new discovery in Norwegian North Sea – Hungary, 18 March 2020

Hungarian oil and gas company MOL, namely its wholly owned subsidiary MOL Norge, announced an offshore discovery in the Norwegian North Sea, at the 820S concession area some 200 kilometers west of Stavanger. The statement from the company said that preliminary evaluation of the main discovery s Full article available for subscribers of Energy NEWS […]

Greek only producing oil field under pressure due to decline in oil prices – Greece, 11 March 2020

Greek only producing oil field – Prinos offshore Kavala in northern Greece, operated by Energean Oil & Gas, has been put under lot of pressure amid decline in global crude oil prices because of its high production cost – up to 20 dollars/barrel. Energean has made a considerable effort to keep Gre Full article available […]

ANRM to split tenders for hydrocarbon concessions – Romania, 05 March 2020

The National Agency for Mineral Resources (ANRM) is considering the split of the eleventh round of tenders for hydrocarbon concessions, so that the 22 onshore perimeters could be auctioned before six offshore perimeters, where further clarifications on the procedures are required. ANRM is conside Full article available for subscribers of Energy NEWS service (PDF publications, […]